Bramble Corp. is indebted to Cullumber under a $990000, 13%, three-year note dated December 31, 2016. Because of Bramble's financial difficulties developing in 2018, Bramble owed accrued interest of $128700 on the note at December 31, 2018. Under a troubled debt restructuring, on December 31, 2018, Cullumber agreed to settle the note and accrued interest for a tract of land having a fair value of $890000, Bramble's acquisition cost of the land is $710000. Ignoring income taxes, on its 2018 income statement Bramble should report as a result of the troubled debt restructuring Gain on Disposal Restructuring Gain O $408700 $0 $280000 $0 $180000 $100000 O $180000 $228700