Matt received 900 shares of Ellsbridge Corporation stock from his uncle as a gift on July 20, 2022, when the stock had a $270,000 fair market value (FMV). His uncle paid $202,500 for the stock on April 12, 2006. The taxable gift was $270,000, because his uncle made another gift to Matt for $25,000 in January and used the annual exclusion. The uncle paid a gift tax of $27,000. Without considering the transactions below, Matt's AGI is $35,000 in 2023. No other transactions involving capital assets occur during the year.

Analyze each transaction below, independent of the others, and determine Matt's AGI in each case. (Do not round intermediary calculations. Only round the amounts you input in the input fields to the nearest dollar. Use a minus sign or parentheses to enter a loss.)

a. He sells the stock on October 12, 2023, for $276,000.

b. He sells the stock on October 12, 2023, for $206,850.

c. He sells the stock on December 16, 2023, for $266,000.