For the following problem state how much gain John or Anne realized on the sale of the Google stock and whether it would be taxed as a short term or long term capital gain.
a) John purchased Google stock on Jan 10, 2022for $800,000 and sold it on Dec 12, 2022 for $1,200,000.
b) John purchased Google stock on Jan 10, 2022 for $1,500,000; he gave the stock to Anne on Dec 12, 2022 when the stock was worth $2,000,000. Anne sold it on January 15, 2023 for $2,500,000.
c) John purchased Google stock on Jan 10, 2022 for $1,500,000; he died on June 10, 2022 when the stock was worth $2,000,000. Anne inherited the Google stock. Anne sold the stock on December 15, 2022 for $2,500,000.
