ABC Corp (a C corporation) sold a building used in their business for $500,000. The building was purchased 5 years ago for $400,000 and $150,000 of depreciation deductions had been taken since that time. They also sold equipment used in their trade or business for $100,000. The equipment was purchaed 2 years ago for $150,000 and $20,000 of depreciation deductions have been taken. ABC has unrecaptured Section 1231 losses from the previous 5 years of $5,000 and a long-term capital loss carryforward from last year of $2,000. What is the amount and character of ABC's gain or loss?