On January 1, 2017, Sarasota Corporation sold a building that cost $272,980 and that had accumulated depreciation of $108,410 on the date of sale. Sarasota received as consideration a $262,980 non-interest-bearing note due on January 1, 2020. There was no established exchange price for the building, and the note had no ready market. The prevailing rate of interest for a note of this type on January 1, 2017, was 9%. At what amount should the gain from the sale of the building be reported?