Maria is refurnishing her new home. As part of her refurnishing plan, she sells her old furniture (a personal use asset) for $500 to a neighbor. Maria originally purchased the furniture for $4,000. She uses the $500 as down-payment for her new furniture, which cost her $6,000. What is the amount of Maria's recognized gain or loss? $500 gain O $3,500 loss O No gain no loss O $2,000 loss