Terry Receives Investment Property from Her Mother as a Gift

Terry 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. Terry sells the property eight months later for $16,000. Terry's gain or loss is

A) Short-term ordinary loss.
B) Short-term capital gain.
C) Short-term capital loss.
D) Long-term ordinary gain.
E) Long-term capital gain.