In its 2024 annual report to shareholders, Health Foods, Incorporated disclosed the following information about some of its indebtedness: The fair value of convertible subordinated debentures is estimated using quoted market prices. Book amounts and estimated fair values of our financial instruments other than those for which book amounts approximate fair values as noted above are as follows (in thousands) Convertible subordinated debentures 2024 Book Amount $ 158,791 Estimated Fair Value $ 295,923 Book Amount $ 151,449 2023 Estimated Fair Value $ 200,396 In addition, the company disclosed the following: We have outstanding zero coupon convertible subordinated debentures which had a book amount of approximately $158.8 million and $151.4 million on September 26, 2024, and September 28, 2023, respectively. The debentures have an effective yield to maturity of 5 percent and a principal amount at maturity on March 2, 2038, of approximately $308.8 million. The debentures are convertible at the option of the holder, at any time on or prior to maturity, unless previously redeemed or otherwise purchased. The debentures have a conversion rate of 10.64 shares per $1,000 principal amount at maturity, representing 3,285,632 shares. The debentures may be redeemed at the option of the holder on March 2, 2028, or March 2, 2033, at the issue price plus accrued original discount totaling approximately $188 million and $241 million, respectively. Required: Determine the gain or loss that Health Foods would have reported in its 2024 income statement if it had redeemed (and retired) the debentures at fair value at the end of the fiscal year. Note: Enter your answer in dollars not in thousands. of