Assume the straight-line method is used. What amount of gain or loss would Kingbird recognize if they sell the asset for $65,00 on 12/31/24 ? (Round answer to 0 decimal places, e.g. 15250.) Kingbird Company purchased a new machine on September 1,2022 , at a cost of $140,000. The company estimated that the machine will have a salvage value of $14,000. The machine is expected to be used for 10,000 working hours during its 5 -year life