Woody and Ruby are married and filing a joint return. They have combined wages of $135,000 in 2016. The couple's 2016 stock transactions are detailed in the following table. In addition, they have $6,200 of qualifying dividends. Date Acquired Cost Item Date Sold Sales Price $9,000 $5,000 01/14/16 Apple stock 02/10/15 04/23/14 $7,500 $3,000 Peach stock 01/05/16 Cherry stock 10/01/11 03/31/16 $13,000 $19,000 02/18/16 $22,000 03/31/15 $17,000 Banana Stock 10/15/15 $9,000 10/07/16 $17,500 Orange stock 09/22/14 $2,000 $6,500 Plum stock 05/02/16 a. Determine the nature and amount of the gain or loss for each of the stock transactions. Type of Gain or Loss Item Amount Apple stock Peach stock Cherry stock Banana Stock Orange stock Plum stock