On January 1, 2020, Cullumber Corporation sold a building that cost $251,060 and that had accumulated depreciation of $109,510 on the date of sale. Cullumber received as consideration a $241,060 non-interest-bearing note due on January 1, 2023. 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, 2020, was 9%. At what amount should the gain from the sale of the building be reported? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)

What is the amount of gain should be reported $