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Shen purchased corporate stock for $ 1 6 4 , 7 5 0 on April 1 0 , 2 0 2 1 . On July

Shen purchased corporate stock for $

164, 750

on April

10, 2021 .

On July

14, 2023,

when the stock was worth $

98, 850,

Shen died and his son, Mijo, inherited the stock. Mijo sold the stock for $

115, 325

on November

12, 2023 .

What is the amount and character of Mijo's gain or loss?

He has a $fill in the blank

1

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