In 2020, Mr. Dale paid $47,600 for 3,400 shares of GKL Mutual Fund and elected to reinvest his year-end dividends in additional shares. In 2020 and 2021, he received Form 1099s reporting the following: Price per Total Shares 2020 2021 Dividends Reinvested $ 4,920 5,873 Shares Purchased 312 Share $ 15.769 Owned 3,712 340 17.274 4,052 Assume the taxable year is 2022. Required: a. If Mr. Dale sells his 4,052 shares for $18 per share, compute his recognized gain. b. If he sells only 800 shares for $18 per share and uses the FIFO method to determine basis, compute his recognized gain. c. If he sells only 800 shares for $18 per share and uses the average basis method, compute his recognized gain. Complete this question by entering your answers in the tabs below. Required A Required B. Required C If Mr. Dale sells his 4,052 shares for $18 per share, compute his recognized gain. Recognized gain