Question: Jamie wanted to establish an education fund for his 6-year old son, Michael. Jamie decided to transfer his shares in a local manufacturing company into an inter vivos trust for Michael, with the provision that Michael could receive the shares anytime after his 18th birthday. When Jamie first purchased his 100 shares, he paid $15 per share, for a total of $1,500. When he established the trust, the shares were each valued at $19.50. As a result of the transfer, Jamie had to report a taxable capital gain of how much 2022?