Roy gave his daughter, Sheila, bonds with a basis in his hands of $25,000 and a FMV of $44,000 on May 10, 2022. Roy had held the bonds for 3 years. On August 16, 2022, Sheila sold the bonds for $43,000. What is the amount and character (i.e. short-term, long-term) of her gain/loss? b. How would your answer change if Roy's basis in the bonds had been $46,000 and the other facts remained the same?