Joyce Receives Investment Property from Her Mother as a Gift

Joyce receives investment property from her mother as a gift in 2014. Her mother paid $15,000 for the property in 2011, and it is valued at $18,000 on the date of the gift. Joyce sells the property eight months later for $16,000. Joyce's realized gain or loss is

A) $ 1,000 loss
B) $ 2,000 loss
C) $ 1,000 gain
D) $ 2,000 gain
E) $16,000 gain