During $2024,$ Marquis Company was encountering financial difficulties and seemed likely to default on a $$150,000,6\%,$ four$-$year note dated January $1,2022,$ payable to Third Bank. Interest was last paid on December $31,2023.$ On December $31,2024,$ Third Bank accepted $$125,000$ in settlement of the note. Ignoring income taxes, what amount should Marquis report as a gain from the debt restructuring in its $2024$ income statement?

Multiple Choice

$$0$

$$34,000$

$$25,000$

$$8,500$