Tara owns a nondepreciable capital asset held for investment. The asset was purchased for $400,000 six years earlier and is now subject to a $15,000 liability. During the current year, Tara transfers the asset to Trent in exchange for $125,000 cash and a new aulomoble with a $65,000 FMV to be used by Tara for personal use, Trent assumes the $15,000 liability Requirement Determine the amount of Taras LTCG or LTCL Tara will realize a long-term capital of