Hauswirth Corporation sold (or exchanged) some manufacturing equipment in year 0. Hauswirth bought the machinery several years ago for $103,500 and it has claimed $41,600 of depreciation expense against the equipment.

Assuming that Hauswirth receives $21,000 in cash in year 0 and a $87,000 note receivable that is payable in year 1, compute the amount and character of Hauswirths gain in year 0 and in year 1.(Round "Gross Profit Percentage" to 3 decimal places. Round your final answers to the nearest whole dollar amount.)