3 . What is the basis of property received ( i . e . new property ) in a likekind exchange ? What is the holding period for the new asset ? ( 5 pts .) 4 . David purchased stock in Zoll Corporation in 1985 for $ 6,000 . On April 16 , 2013 he gifted the stock to his daughter Susan ; at the time of the gift , the Zoll stock was valued at $ 250,000 . Susan sold the stock the next month for $ 252,000 . What is Susan ' s gain or loss and what is the character of the gain or loss ? ( 5 pts .) ================================================