During 2019, Sifers Company was encountering financial difficulties and seemed likely to default on a $300,000, 10%, four-year note dated January 1, 2017, payable to Third Bank. Interest was last paid on December 31, 2018.On December 31, 2019, Third Bank accepted $250,000 in settlement of the note.Ignoring income taxes, what amount should Sifers Company report as a gain from the debt restructuring in its 2019 income statement?