On January 1, 2025, Abel Company purchased three assets for $400,000. The information below relates to the assets that were purchased: Current Market Value Forklift ................... $144,500 Bulldozer .................. $119,000 Truck ...................... $161,500 In order to make the forklift usable, Abel Company had to spend $8,000 to get the forklift in working condition. Information related to the depreciation of the forklift and the bulldozer is given below: Forklift Bulldozer Salvage value $5,400 $7,000 Life 11 years 14 years Depreciation method sum-of-the straight-line years-digits On July 31, 2035, the bulldozer was sold for $51,000 cash. Calculate the amount of the gain recorded on the sale of the bulldozer. Do not enter your answer with a minus sign in front of your number.