Durney Corporation purchased $$118,000$ of Hales Incorporated $6\%$ bonds at par, and Durney classifies its investment as available$-$for$-$sale. Unfortunately, a combination of problems at Hales and in the debt market caused the fair value of the Hales investment to decline to $$79,000$ during $2024.$ Durney does not believe it is more likely than not that it will have to sell the investment before its fair value recovers. When Durney applies the CECL model to account for its investment, Durney calculates that, of the $$39,000$ drop in fair value, $$14,500$ of it relates to credit losses and the $$24,500$ remainder relates to noncredit losses. Durney$$s accounting for this impairment will reduce before$-$tax net income for $2024$ by: