On December 31, Strike Company has decided to trade-in one of its batting cages for another one that has a cost of $539,238.00. The seller of the batting cage is willing to allow a trade-in amount of $27,421.88. The initial cost of the old equipment was $203,125.00 with an accumulated depreciation of $172,656.25. Depreciation has been taken up to the end of the year. The difference will be paid in cash. What is the amount of the gain or loss in a transaction with commercial substance?