Please answer parts A and B of the question above. Thank you!

Required information [The following information applies to the questions displayed below.] George bought the following amounts of Stock A over the years: Note: Loss amounts should be indicated with a minus sign. On October 12,2022 , he sold 1,560 of his shares of Stock A for $38 per share. How much gain/loss will George have to recognize if he uses the FIFO method of accounting for the shares sold? b. How much gain/loss will George have to recognize if he specifically identifies the shares to be sold by telling his broker to sell all 990 shares from the 5/22/2011 purchase and 570 shares from the 11/21/1996 purchase