Several years ago, Minjun, who is single, acquired 1244 stock in Blue Corporation at a cost of $96,800. He sells the Blue stock for $9,680 in the current year.

Determine the amount and nature of Minjun's gain or loss recognized this year.

Minjun's sale of Blue Corporation stock produces a total loss of $f........ of which $......... is treated as a capital loss.