Guido Properties owes First State Bank $61 million under a 8% note with two years remaining to maturity. Due to financial difficulties of Guido, the previous year's interest ($4.88 million) was not received. The bank agrees to settle the note receivable and accrued interest receivable in exchange for land having a fair value of $45 million. Required: Compute the loss on troubled debt restructuring that the bank would record. (Enter your answers in millions rounded to 3 decimal places (i.e., 1,234,000 should be entered as 1.234).) Loss on troubled debt restructuring million