On December 31, 2024, Jung Corporation sold a machine to Shin and simultaneously leased it back for one year. Pertinent information at this date follows: Sales price $ 732,000 Book value 668,000 Present value of lease rentals ($6,400 for 12 months at 12%) 72,800 Estimated remaining useful life 12 years In Jung's income statement for the year ended December 31, 2024, the recognized gain from the sale of this machine should be