Required information [The following information applies to the questions displayed below.) Deirdre sold 182 shares of stock to her brother, James, for $5,096. Deirdre purchased the stock several years ago for $8,008. (Loss amounts should be indicated by a minus sign. Leave no answer blank. Enter zero if applicable.) b. What amount of gain or loss does James recognize if he sells the stock for $8,554? Recognized gain or loss Required information [The following information applies to the questions displayed below.) Deirdre sold 182 shares of stock to her brother, James, for $5,096. Deirdre purchased the stock several years ago for $8,008. (Loss amounts should be indicated by a minus sign. Leave no answer blank. Enter zero if applicable.) b. What amount of gain or loss does James recognize if he sells the stock for $8,554? Recognized gain or loss