Pam received stock as a gift from Joseph in February 2019. Joseph had paid $6,000 for the stock four years ago and had held it as an investment. At the time of the gift, the stock had a FMV of $8,000. In December 2019, Pam, who also held the stock as an investment, sold the stock for $9,000. What is the amount and character of gain recognized by Pam as a result of the sale? 1,000 LTCG 3,000 STCG 1,000 STCG 3,000 LTCG