[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	1,130	$ 27,120
Stock A	3/18/2002	565	10,170
Stock A	5/22/2011	880	31,680

On October 12, 2022, he sold 1,395 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?