Several years ago Doug invested $$43,000$ in stock. This year he gave his daughter Tina the stock on a day it was valued at $$39,700.$ She

promptly sold it for $$37,300.$ Assume Doug is not marrled and does not support Tina, who is $28.$

a$.$ Determine the amount of the taxable gift.

b$.$ Calculate the amount of taxable gain or loss, If any, for Tina.

Answer is not complete.