In 2017, Mr. Dale paid $25,200 for 4,200 shares of GKL Mutual Fund and elected to reinvest his year-end dividends in additional shares. In 2017 and 2018, he received Form 1099s reporting the following: Dividends Reinvested $6,090 6,792 Shares Purchased 328 415 Total Shares owned 4,528 4,943 Price per Share $18.567 16.366 2017 2018 a. Assume the taxable year is 2019. If Mr. Dale sells his 4,943 shares for $10 per share, compute his recognized gain. b. Assume the taxable year is 2019. If he sells only 1,500 shares for $10 per share and uses the FIFO method to determine basis, compute his recognized gain. c. Assume the taxable year is 2019. If he sells only 1,500 shares for $10 per share and uses the average basis method, compute his recognized gain. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Required C Assume the taxable year is 2019. If he sells only 1,500 shares for $10 per share and uses the FIFO method to determine basis, compute his recognized gain. Recognized gain $ 10,200