David purchased 360 shares of Pharoah Inc. shares for $3,240 on August 5, Year 7. David purchased 112 more Pharoah shares on August 25, Year 7 for $1,008. He then sold 416 Pharoah shares on August 31, Year 7 for $3,800. What is David's recognized gain or loss from the sale on August 31, Year 7? (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) What is David's basis in his remaining shares?