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Three-Eyed Raven Ltd. reported the following on December 31, 2016 (in thousands):

From the comparative balance sheet. 2016. 2015

Property and equipment, net. $11,150. $9,590

Long-term notes payable 4,400. 3,080

From the statement of cash flows:

Depreciation $1,920

Capital expenditures (4,130)

Proceeds from sale of property and equipment. 770

Proceeds from issuance of long-term note payable 1,190

Payment of long-term note payable (110)

Issuance of common shares 383

1.Determine the following items for Three Eyed Raven Ltd. During 2016:

Gain or loss on the sale of property and equipment.

Amount of long-term debt issued for something other than cash.