An asset was acquired on October 1, 2021, for $121,000 with an estimated five-year life and $39.800 residual value. The company uses units of production depreciation and expects the asset to produce 28,000 units. Calculate the gain or loss if the asset was sold on March 31, 2024, for $76,000. Actual production was: 2021- 800 units, 2022 -8.000 units: 2023 - 9,000 units: 2024 - 1,200 units