Because it was anticipated that Bob Short would devote more time to the partnership than would his equal partner Jack Long, it was agreed that Bob would receive a "salary" of \(\$ 12,000\) per year. Bob and Jack agreed to divide the remaining partnership income equally. For the current year, prior to consideration of Bob's salary, the partnership income was composed of \(\$ 6,000\) long-term capital gain, \$2,000 tax-exempt interest, and \(\$ 8,000\) loss from operations. Determine the amount and character of income (loss) reportable by Bob and Jack for the current year.