Jorge owns 205 shares of Campa Corporation common stock, purchased during the prior year: 125 shares on July 5, for $20,000; and 80 shares on October 15, for $24,000. When Jorge sells 80 shares for $16,500 on July 18 of the current year, he does not identify the particular shares sold. Determine the amount and character of the gain. Using the FIFO method Jorge will recognize of $ a long-term capital gairn a long-term capital loss a short-term capital gain a short-term capital loss ordinary income