On July25, 2014, Marilyn gives stock with a FMV of$7,500 and a basis of$5,000 to her nephew Darryl. Marilyn had purchased the stock on March18, 2014. Darryl sold the stock on April18, 2015 for$7,800. As a result of thesale, what will Darryl report on his 2014 taxreturn?

A.

$300 STCG

B.

$300 LTCG

C.

$2,800 STCG

D.

$2,800 LTCG