G sold 1,000 shares of Need Ltd. for $8,000 early in the current year. The adjusted cost base of the 1,000 shares sold was $24,000. Two weeks later, the value of Need Ltd. started rising and G purchased 700 shares which he still owns at the end of the year. What is the amount of theallowable capital loss?

Note:Do not place a minus sign in front of the amount.