Ryan owns 25% of an S corporation's stock (a capital asset) at the beginning of the S corporation's tax year. During the year the S corporation has $46,000 of ordinary income and $17,000 of long-term capital gain. Ryan starts the year with a basis of $60,000 in his S corporation stock and sells the stock for $56,000 on March 14 of a non-leap year. How much gain/loss does Ryan report on the sale of the stock and what is its character