Sadie gave her granddaughter, Alice, some Lock Co. stock last year when its fair market value was $25,000. Sadie acquired the stock in 2004 at a cost of $35,000. Alice sold the Lock Co. stock this year for $32,000. What are the tax consequences for Alice this year? O Gain of $3,000 O Loss of ($3,000) O No income or loss O Gain of $10,000