Required information [The following information applies to the questions displayed below.] Dahlia is in the 32 percent tax rate bracket and has purchased the following shares of Microsoft common stock over the years: Date Purchased Shares 7/10/2011 4/20/2012 1/29/2013 11/02/2015 480 380 Basis $ 18,240 16,644 580 330 18,328 12,276 If Dahlia sells 1,040 shares of Microsoft for $60,320 on December 20, 2021, what is her capital gain or loss in each of the following assumptions? (Do not round intermediate calculations.) a. She uses the FIFO method.