You have always loved ABC Corp. and its wonderful products and so have been an investor in its stock for a good while. In fact, whenever you could you added to your stockholdings in ABC, as follows:

11/2016 100 shares at $18 per share (initial purchase)

04/2017 100 shares at $22 per share

12/2018 100 shares at $24 per share

06/2019 100 shares at $25 per share

05/2020 100 shares at $29 per share

Needing cash for a down payment on your dream home, today you sold 250 shares at $40 per share. But, distracted by the wonderful new home that youre about to make your own, you completely forgot to instruct your online broker exactly which 250 shares you were wanting to sell

What is the amount and character of your gain on todays sale?