Martin and Sons, Landscaping purchased shares of BCD stock at three different times: 100 shares for $4,300 on February 1, 2018. 300 shares for $6,900 on May 15, 2019. 200 shares for $10,000 on January 30, 2020. On June 1, 2021, they sold 265 shares and received gross proceeds of $13,010. If they wanted to reduce the capital gain as much as possible, which shares would they have had to specifically identify at the time of sale?

65 shares purchased in 2018 and 200 shares purchased in 2019.

265 shares purchased in 2019.

65 shares purchased in 2019 and 200 shares purchased in 2020.

65 shares purchased in 2018 and 200 shares purchased in 2020