At the beginning of the year, Earnheart Limited had plant assets, net of depreciation, of $427,500 and ending net amount of $579,300. The income statement reported depreciation expense of $38,700 for the year. Earnheart Limited acquired $275,000 of plant assets during the year and reported proceeds from sale of plant assets of $89,200 for the year. The gain or loss resulting from the sale of plant assets was