On December 31, 2024, Sweet Acacia Co. is in financial difficulty and cannot pay a note due that day. It is a $2800000 note payable to Sandhill, Inc. Sandhill agrees to accept from Sweet Acacia equipment that has a fair value of $1440000, an original cost of $2400000, and accumulated depreciation of $1130000. Sweet Acacia should recognize a gain or loss on the transfer of the equipment of