On January 1, 2027, Kasson Company acquired 36% of IJK Company's common stock for $211,000. During 2027, IJK Company reported a net income of $137,000 and paid dividends totaling $86,000. For 2028, IJK Company had a net income of $219,000 and paid dividends totaling $104,000. Kasson Company sold one-fifth of its investment in IJK Company on December 31, 2028 for $73,940 cash. Calculate the amount of the gain reported by Kasson Company from the sale of the investment. Do not enter your answer with a minus sign in front of your number