(L03) Nate owns a repair shop and is selling some of his machinery for \(\( \$ \) 100,000\) for two equal payments of \(\( \$ \) 50,000\) each, plus adequate interest. His original basis was \(\( \$ \) 80,000\) and accumulated depreciation on the machinery was \(\( \$ \) 30,000\). Depreciation recapture is \(\( \$ \) 30,000\). Nate will receive one payment in the year of sale and one payment in the following year. What is the amount and the character of the gain that Nate recognizes on the sale in each year?