On April 16, Year 10, Alvin sold 200 shares of Chipmunk stock to his father, Tang, for $18000. Alvin had purchased the stock in Year 5 for $23000. Tang sold the stock to Amber, an unrelated third party, for $30000 on December 28, Year 10. What amount of gain from the sale of the stock to Amber should Tang report on his 2010 income tax return? $5000 O $2000 O $7000 $0

On April 16, Year 10, Alvin sold 200 shares of Chipmunk stock to his father, Tang, for $18000. Alvin had purchased the stock in Year 5 for $23000. Tang sold the stock to Amber, an unrelated third party, for $30000 on December 28 , Year 10. What amount of gain from the sale of the stock to Amber should Tang report on his 2010 income tax return? $5000$2000$7000$0