Computing Gain on Sale of Property, Plant, and Equipment

Lora Company reported the following information related to its long-term assets:

Property, plant, and equipment, beginning balance		$235,000
Property, plant, and equipment, ending balance		265,000
Accumulated depreciation, beginning balance		86,000
Accumulated depreciation, ending balance		84,000
Depreciation expense		14,500

In addition, the company disclosed that it sold equipment with a historical cost of $30,000 for $26,000.

Using this information, compute the gain on the sale of equipment.