Ramon received a gift of stock from his uncle. The basis of the stock to his uncle was $20,000, and it had a FMV of $13,000 at the date of the gift. The donor held the property for more than one year. Complete the following chart under the independent situations shown:

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SituationlSituation 2 Situation 3 $20,000 $13,000 $15,000 Donor's Basis FMV at Gift Date Ramon's Selling Price Basis to Ramon Taxable Gain if any) Deductible Loss (if any) S20,000 $13,000 $25,000 S20,000 $13,000 S10,000