On July 25,2013,Marilyn Gives Stock with a FMV of $7,500

Multiple Choice

On July 25,2013,Marilyn gives stock with a FMV of $7,500 and a basis of $5,000 to her nephew Darryl.Marilyn had purchased the stock on March 18,2013.Darryl sold the stock on April 18,2014 for $7,800.As a result of the sale,what will Darryl report on his 2014 tax return?

A) $300 STCG
B) $300 LTCG
C) $2,800 STCG
D) $2,800 LTCG