Tara owns a nondepreciable capital asset held for investment. The asset was purchased for $ 200,000 six years earlier and is now subject to a $15,000 liability. During the current year, Tara transfers the asset to Tristan in exchange for $110,000 cash and a new automobile with a $70,000 FMV to be used by Tara for personal use; Tristan assumes the $15,000 liability.

Requirement: Determine the amount of Taras Long Term Capital Gain or Long Term Capital Loss (Enter the gain or loss as a positive amount)

Tara will realize a long-term capital ( ) of $( )