Question: In 2 0 1 4 , Garima purchased 2 0 0 shares of Hi - Style stock as an investment. The stock cost $ 1

In 2014, Garima purchased 200 shares of Hi-Style stock as an investment. The stock cost $18,000. In 2023, when the fair market value was $20,000, Garima gave the stock to Mishka, a relative. If no gift tax is paid and the stock sells for $22,000, Mishka will recognize:

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