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Dale purchased the following blocks of Westgate Stock. Required: a. Dale sold 1,800 shares of...

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Dale purchased the following blocks of Westgate Stock. Required: a. Dale sold 1,800 shares of the stock on November 20,2022 , for $5.00 per share for a total of $9,000. Using the first-in, first-out method, determine the gain or loss on the sale of the Westgate stock. b. Using the specific identification method, what is the gain or loss on the sale of the Westgate stock if 820 of the shares sold were Identifed as being from the October 21, 2019. purchase and the remaining 980 shares from the December 18, 2021. purchase? Note: Do not round intermediate computations

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