Donald owns Tamarisk Company (TC) specializing in manufacturing colonoscopy equipment. In the current year, TC sold a machine $31,000. TC had purchased the machine in 2020 for $38,000 and deducted depreciation expense of $26,000. (a) What is the amount and character of the gain/loss? (Enter loss with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).)