On January 3, 2020 (Year 4), Robert sold stock with a cost of $12,600 to his sister Tiff for $11.200, its FMV. Robert bought the stock in 2017 (Year 1) on May 1, 2020 (Year 4), Tiff sold the same stock for $12,000 to an unrelated party. In 2020 (Year 4), as a result of these transactions, what amount of gain or loss must Tiff recognize? SO $800 long-term capital loss $800 short-term capital gain. $800 long-term capital gain