Jacob is a general partner in XJS Partnership, which he joined several years ago. He has decided to leave XJS and investigate other business opportunities. XJS has no investment income and has a calendar tax year. In January, the XJS accountant figured Jacob's share of XJS partnership income for the tax year and paid him this amount with a cash distribution. The adjusted basis of Jacob's partnership interest after the distribution is $31,000, which includes his $12,000 share of XJS liabilities. XJS Partnership has never had an inventory. Jacob finds a buyer and sells his partnership interest for $30,000. The buyer will assume Jacob's share of XJS's liabilities. What amount of capital gain or loss does Jacob have from the sale of his partnership interest in XJS