Taylor owns a nondepreciable capital asst held for investment. The asset was purchase for $400000 six years earlier and is now subject to a $60000 liability. During the current year, Taylor transfers the asset to Tom in exchange for $100000 cash and a new automobile with a $15000 FMV to be used for personal use, Tom assumes the $60000 liability. Determine the amount of Taylor for LTCG or LTCL. In tax accounting