Ramon received a gift of stock from his uncle. The basis of the stock to his uncle was $27,720, and it had a FMV of $19,500 at the date of the gift. The donor held the property for more than one year. Complete the following chart under the independent situations shown: (Negative amounts should be indicated by a minus sign. If not applicable, leave cells blank.) eBook S Print Donor's basis FMV at gift date Ramon's selling price Basis to Ramon Taxable gain (if any) Deductible loss (if any) $ $ Situation 1 Situation 2 Situation 3 27,720 $ 27,720 S 27.720 19,500 $ 19.500 $ 19.500 33,695 S 16,180 S 21,635 27,7207 $ 19.5000 5 ,9750 No gain s 1500 No loss ferences 5 O Ramon received a gift of stock from his uncle. The basis of the stock to his uncle was $27,720, and it had a FMV of $19,500 at the date of the gift. The donor held the property for more than one year. Complete the following chart under the independent situations shown: (Negative amounts should be indicated by a minus sign. If not applicable, leave cells blank.) eBook S Print Donor's basis FMV at gift date Ramon's selling price Basis to Ramon Taxable gain (if any) Deductible loss (if any) $ $ Situation 1 Situation 2 Situation 3 27,720 $ 27,720 S 27.720 19,500 $ 19.500 $ 19.500 33,695 S 16,180 S 21,635 27,7207 $ 19.5000 5 ,9750 No gain s 1500 No loss ferences 5 O