On December 31, 2020. American Bank enters into a debt restructuring agreement with Wildhorse Company, which is now experiencing financial trouble. The bank agrees to restructure a 12%, issued at par, $ 2,700,000 note receivable by the following modifications: 1. 2. Reducing the principal obligation from $2,700,000 to $ 1,790,000 Extending the maturity date from December 31, 2020, to January 1, 2024. Reducing the interest rate from 12% to 10%. 3. Wildhorse pays interest at the end of each year. On January 1, 2024, Wildhorse Company pays $ 1,790,000 in cash to American Bank (a) Can Wildhorse Company record again under this term modification? If yes, compute the gain for Wildhorse Company. If no, enter amount as 0. $ The gain for Wildhorse Company