China Inn and Midwest Chicken exchanged assets. Midwest Chicken received restaurant equipment and gave delivery equipment. The fair value and book value of the delivery equipment given were $31,300 and $33,000 (original cost of $38,200 less accumulated depreciation of $5,200), respectively. To equalize market values of the exchanged assets, Midwest Chicken received $7,800 in cash from China Inn. Record the gain or loss for Midwest Chicken on the exchange of the equipment.