Tom's mother died on 1/10/2019. She had owned stock for 20 years with a basis of $35,000, that was transferred to Tom on 12/25/2018, three weeks before she died. This stock was worth $235,000 at the date of the mothers death, and it was worth $200,000 on 12/25/2018. Tom sold the stock for $325,000, net of commissions, on 12/25/2019.

What is the amount of Tom's gain or loss from disposition of this in 2019?

What is the nature (long or short term) of Tom's gain or loss?