At December 31,2023,Martinez ltd, owes Carla Vista Corp. for a $306 000 notes payable, plus accrued interest of $27 540.Martinez is now in financial difficulty and cannot repay to settle the debt, Carla Vista agrees to accept from Martinez equipment with a fair value of $275 000,an original cost of $429 000 and accumulated depreciation to date of $101 000.Calculate the gain or loss to Martinez on the settlement of the debt