I want the answer as soon as possible thx

Hoppy Sailing Company exchanged an old sailboat for a new one. The old sailboat had a cost of $160.000 and accumulated depreciation of $100,000. The fair market value of the old sailboat was $42.000. The company paid $200.000 in addition to the old sailboat to acquire the new sailboat. If this transaction has commercial substance. what is the loss that should be recorded on this exchange? (Note: in the answer space, write only the number, with no S signs or commas. That is, If your answer is $1.000, white it as : 1000 )