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.) ==================================================