Harold Haas owns 100 shares of Spartan Corp. common stock with an adjusted basis of \(\$ 10,000\). On July 28,2018 , he sold all 100 shares for \(\$ 9,000\). On August 18, 2018, he purchased 80 shares of Spartan common stock for \(\$ 7,500\) and 20 shares of Spartan preferred stock for \(\$ 3,000\). What is Harold's recognized gain or loss on the sale and what is his basis per share in the new stock?