On January 1, 2025, gafswy Company paid $234,900 to purchase some equipment. The equipment was assigned a $5,700 salvage value and a useful life of nine years. gafswy Company will use the sum-of-the years-digits' depreciation method to depreciate the equipment. On December 31, 2027, gafswy Company sold the equipment for $35,000 cash. Calculate the amount of the loss recorded by gafswy Company from the sale of the equipment.