Stacy purchases 400 shares of Zippy Corporation stock on January 10, 2020, for $50 per share. On July 12, 2020, she purchases an additional 600 shares of Zippy stock for $60. On March 12, 2021, she sells 500 shares of Zippy stock on March 1, 2021, for $75 each. What is Stacy's recognized gain or loss from the sale of Zippy stock assuming that she cannot adequately identify the shares sold? PP slides 17-19, Tax Drill 3, PP11 Question 12 options: $11,500 LTCG $7,500 STCG $12,500 LTCG $0 because the wash sale rules apply