Roger inherited 100 shares of Periwinkle stock when his mother, Emily, died. Emily had acquired the stock for a total of $60,000 on November 15, 2014. She died on August 10, 2018, and the shares were worth a total of $55,000 at that time. Roger sold the shares for $36,000 on December 22, 2018. How much gain or loss does Roger recognize? What is the nature of that gain or loss?