Sondia bought vacant land seven years ago for $125,000 and shares in a public corporation eight years ago for $105,000. He sold both properties in January of this year. The vacant land sold for $115,000; the shares sold for $107,000. What is Sondia's net capital gain or net capital loss?

a) net capital loss of $8,000

b) net capital loss of $4,000

c) net capital gain of $8,000

d) net capital gain of $4,000