In year 0, Longworth Partnership purchased a machine for $60,750 to use in its business. In year 3, Longworth sold the machine for $38,900. Between the date of the purchase and the date of the sale, Longworth depreciated the machine by $24,100. (Loss amounts should be indicated by a minus sign. Leave no answer blank. Enter zero if applicable.) a. What is the amount and character of the gain or loss Longworth will recognize on the sale?