Mort begins investing in stocks in 2019. Listed here are his stock transactions for 2019 and 2020. Determine Mort’s gain or loss on his stock transactions for 2019 and 2020. In addition, for each sale of stock, determine whether the gain or loss is short-term or long-term.

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Price Transaction Commissions per Share Stock Date Transaction Paid Pepper Farm Acala Steel $ 8 $ 50 200 5/24/19 10/5/19 12/10/19 12/28/19 2/4/20 2/15/20 3/1/20 8/13/20 11/11/20 12/4/20 12/19/20 Purchased 50 shares Purchased 200 shares 14 Horton, Inc. Acala Steel Purchased 300 shares 3 100 Sold 50 shares Purchased 200 shares Sold 25 shares 18 70 Horton, Inc. Pepper Farm Horton, Inc. Pepper Farm Angor Mills Angor Mills Horton, Inc. 2 30 12 25 Sold 100 shares 20 Sold 25 shares 13 35 Purchased 800 shares 400 Sold 300 shares Sold 400 shares 250 250 697