48. Harold Haas owns 100 shares of Spartan Corp. common stock with an adjusted basis of $10,000. On July 28, 2019, he sold all 100 shares for $9,000. On August 18, 2019, he purchased 80 shares of Spartan common stock for $7,500 and 20 shares of Spartan preferred stock for $3,000. What is Harold's recognized gain or loss on the sale and what is his basis per share in the new stock