5. What is the gain or loss on purchasing power for 2021? (if LOSS, put a negative (-) sign before the numerical value)*

The following information pertains to BLACK PANTHER Company for the year ended December 31, 2021: Net monetary assets # 880,000 Sales 3,900,000 Purchases 2,340,000 Expense 975,000 Income tax 585,000 Cash dividends -paid Dec. 31, 2021 200,000 Selected general price index numbers for 2021 are: January 1 110 December 31 280 Average 195