Butch and Sundance are personal friends but rival farmers. This year, both of them sold plots of farmland that they had owned and used in their businesses for many years. Butch realized a $10,000 gain on his sale, but Sundance suffered a $10,000 loss. Neither of them had any other transactions outside the course of ordinary business. How are Butch and Sundance taxed on the sales of the plots of land?