ABC Corp. has been undergoing liquidation since January 1. As of March 31, its condensed statement of realization and liquidation is presented below:

Assets:

Assets to be realized P 142,500

Assets acquired 7,500

Assets realized 45,000

Assets not realized 63,000

Liabilities:

Liabilities liquidated 52,500

Liabilities not liquidated 47,775

Liabilities to be liquidated 97,500

Liabilities assumed 2,250

Revenues and Expenses:

Sales on account 7,500

Purchases 2,250

Payment of expenses of trustee 11,250

Sales for cash 37,500

Interest on marketable securities 225

8. The net gain (loss) for the three-month period ending March 31 is?