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Merle gives stock to her daughter Lucy. The stock has a basis to Merle of $ 3 2 2 , 5 0 0 and a

Merle gives stock to her daughter Lucy. The stock has a basis to Merle of $322,500 and a value of $290,250 on the date of the gift. No gift tax was incurred on the transfer. What are Lucy's income tax consequences if she later sells the stock for:
If there is no gain or loss, enter "0" and select "No gain or loss" from the drop down.
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a. $274,125?
$fill in the blank 9ef046079fb4fb3_1
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b. $306,375?
$fill in the blank 0af85cffc007fa6_1
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c. $354,750?

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