Mort begins investing in stocks in 2020. Listed here are his stock transactions for 2020 and 2021. Determine Mort's gain or loss on his stock transactions for 2020 and 2021. In addition, for each sale of stock, determine whether the gain or loss is short-term or long-term.

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Stock Pepper Farm Acala Steel Horton Inc. Acala Steel Horton Inc. Pepper Farm Horton Inc. Pepper Farm Angor Mills Angor Mills Horton Inc. Transaction Date 5/24/20 10/5/20 12/10/20 12/28/20 2/4/21 2/15/21 3/1/21 8/13/21 11/11/21 12/4/21 12/19/21 Transaction Purchased 50 shares Purchased 200 shares Purchased 300 shares Sold 50 shares Purchased 200 shares Sold 25 shares Sold 100 shares Sold 25 shares Purchased 800 shares Sold 300 shares Sold 400 shares Price Per Share $8 14 3 18 2223697 12 13 Commissions Paid $50 200 100 70 30 25 20 35 400 250 250