Taxpayer owns a building that she uses in her business. Taxpayer purchased the building several years ago for $230,000. On 29 August 2020, Taxpayer sold the building for $250,000 and paid $15,000 in selling expenses. Through the date of sale, Taxpayer deducted a total of $46,000 in depreciation for the building. Determine the amount and character of the gain or loss on the sale of the building.