Skip to question [The following information applies to the questions displayed below.] George bought the following amounts of Stock A over the years: Note: Loss amounts should be indicated with a minus sign. Date Purchased Number of Shares Adjusted Basis Stock A 11/21/1996 1,110 $ 26,640 Stock A 3/18/2002 555 9,990 Stock A 5/22/2011 860 30,960 On October 12, 2022, he sold 1,365 of his shares of Stock A for $38 per share. a. How much gain/loss will George have to recognize if he uses the FIFO method of accounting for the shares sold?