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Listen Paula owns 1,000 shares of Super Profits Corporation. She purchased the stock several years ago for $20 a share. On October 1, Paula

Listen Paula owns 1,000 shares of Super Profits Corporation. She purchased the stock several years ago for $20 a share. On October 1, Paula sold 500 shares of the Super Profits Data stock for $15 a share. On October 20, Paula, after reconsidering her decision to sell, purchased 300 shares of Super Profits Corporation stock for $18 a share. What is the gain or loss that Paula will recognize from the sale of the stock and her basis in the shares acquired on October 20?

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