Several years ago Nicolas, a timber dealer, purchased a tract of land with a substantial stand of trees on it. The land cost $56,600, and the timber cost $326,800. On the first day of 2022, the timber was appraised at $424,840. In August 2022, Nicolas cut the timber and sold it for $467,324. Nicolas elects to treat the cutting as a sale or exchange under 1231. As a result, Nicolas has a $ 1231 gain and $ of ordinary income. Sheila purchases $160,000 of newly issued Gingo Corporation bonds for $144,000. The bonds have original issue discount (OID) of $16,000. After Sheila amortized $7,200 of OID and held the bonds for four years, she sold the bonds for $152,000. What is the amount and character of her gain or loss? Sheila has a capital gain of $