On January $1,2020,$ Marin Corporation issued $$5,130,000$ of $10\%$ bonds at $102$ due December $31,2029.$ Marin paid $$81,000$ in bond issue costs when the bonds were issue to the market. These will be amortized over the life of the bond. The premium on the bond's is also being amortized on a straight$-$line basis over the $10$ years. $($Straight$-$line is not materially different in effect from the preferable "interest method"$)$

The bonds are callable at $104($i$.$e$.,$ at $104\%$ of face amount$),$ and on January $2,2025,$ Marin called one$-$half of the bonds and retired them.

Ignoring income taxes, compute the amount of loss, if any, to be recognized by Marin as a result of retiring the $$2,565,000$ of bonds in $2025.$

Loss on redemption

$