Jason purchased $400,000 of Cherry Corporation face value bonds for $320,000 on November 13, 2010. The bonds had been issued with $80,000 of original issue discount because Cherry was in financial difficulty in 2010. On December 3, 2011, Jason sold th ebonds for $383,000 after amortizing $1,000 of the original issue discount. What are the nature and amount of Jason's gain or loss