$($A$)$ Buck has land that he wants to sell. The land has an original cost of $$50,000.$ Buck accepts in exchange $$10,000$ cash and a note receivable with a principal balance of $$50,000.$ The note pays interest at only $1\%$ per year, with the principal due in $5$ years. If the market rate of interest for this note receivable is $8\%$ per year, what is Buck's gain or loss on sale?

$\backslash$table$[[N=,$Work $($if necessary$)],[I=,],[PMT=,],[FV=,],[PV=,]]$