Mourinho Company is indebted to Guardiola Bank under a $400,000, 12%, three-year note dated December 31, 2018. Because of Morinho's financial difficulties developing in 2020, Mourinho owed accrued interest of $48,000 on the note at December 31, 2020. Under a troubled debt restructuring, on December 31, 2020, Guardiola agreed to settle the note and accrued interest for a tract of land having a fair value of $360,000. Morinho's acquisition cost of the land is $290,000. How much gain/loss on the disposition of land and on restructuring of debt should Mourinho record, respectively?