Question 42 On April 16, 2018, Donna sold 400 shares of stock to her sister, Colleen, for $6,000. Donna bought the stock in 2015 for $9,200 and was holding it as an investment. If Colleen sells the stock to an unrelated party in 2020 for $8,400, which of the following statements is (are) true? 1. Colleen will realize a $2,400 gain. II. Colleen will recognize an $800 loss. III. Colleen will recognize zero gain. IV. $800 of Donna's disallowed loss will remain unused. I only I and II None of the statements are true. Oland III O I, III, and IV