Nash Corporation has elected to use the fair value option for one of its notes payable. The note was issued at an effective rate of 10% and has a carrying value of $14,000. At year-end, Nash's borrowing rate (credit risk) has declined; the fair value of the note payable is now $15,700. (a) Determine the unrealized holding gain or loss on the note. (Enter loss using either a negotive sign preceding the number eg - 2,945 or parentheses es. (2,945) ) Unrealized holding gain or loss