On January 1, 2017 Company A sold an old building with a basis of $250.000 to Company B in exchange for a $700.000 note receivable. The note Company B issued to Company A had a coupon rate of 5%, pays interest annually and is due on December 31, 2020. Company B's cost of capital or market rate of interest is 4%. What was the amount of Company A's gain or (loss) on the sale of the old building on January 1, 2017 (round to the nearest dollar)?