In early January of 2022 Albert Company was in serious financial trouble and seemed likely to default on a $500,000, 6%, sever year loan dated January 1, 2019. payable to Chewy Bank. The last interest payment Albert Company made was on December 31, 2020. After some discussions, Chewy Bank agreed to accept $450,000 cash to settle of the loan. Ignoring income taxes, what amount should Leroy report as a gain from the debt restructuring in its 2022 income statement? $80,000 $23,000 $30,000 $50,000