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Eight years ago, SW purchased 1,425 shares of Delta stock. On May 20 of the current year, it sold these shares for $76 per share. In each of the following cases, compute SW's recognized gain or loss on this sale a. SW's cost basis in the 1,425 shares was $85 per share. It did not purchase any other Delta shares during this year. b. SW's cost basis in the 1,425 shares was $85 per share. It purchased 1,625 shares of Delta on May 1 for $78 per share. c. SW's cost basis in the 1,425 shares was $85 per share. It purchased 1,625 shares of Delta on June 8 for $78 per share. d. SW's cost basis in the 1,425 shares was $70 per share. It purchased 1,625 shares of Delta on June 8 for $78 per share