Young Corporation purchased residential real estate several year ago for $225,000, of which $25,000 was allocated to the land and $200,000 was allocated to the building. Young took straight-line MACRS deductions of $30,000 during the years it held the property. In the current year, Young sells the property for $285,000, of which $60,000 is allocated to the land and $225,000 is allocated to the building. What are the amount and character of Young’s recognized gain or loss on the sale?