Dela is crying because all she has to by her Jim a present is 1.87. This is the climax because the story introduces the main characters, the setting, and their conflict. The conflict is that Dela doesn't have money to buy Jim a Christmas.
Dela goes to sell her precious hair for twenty dollars to buy Jim a present for Christmas. This is rising action because these are the events leading up to the climax.
In this scene Dela goes to buy the present for Jim with the money she got from selling her hair. This is also rising action because these events also lead to the climax.
This scene is when Jim is chocked to come home to see that Dela has cut her special hair. This is the climax because this is where the suspense stops and we find out that Jim doesn't mind her new hair style.
Don't make any mistake, Dell
Don't look at me like that.
Towards the end of the story Dela and Jim show each other their presents, and it's ironic that they both got rid of the thing that the present was for. Jim got Dela combs for her long beautiful hair and Dela got the chain for his watch and they both sold there items.
At the end of the story their conflict is resolved and the character learn the theme. The theme is that their love is more valuable than any possession they could own.