On January 1, year 1, Iselin Corp issued 1,000 of its 10%, $1,000 bonds for $1,050,000. These bonds were to mature on January 1, year 11 but were callable at 102 any time after December 31, year 4. Interest was payable semiannually on July 1 and January 1. 2. On July 1, year 6, Fox called all of the bonds and retired them. The bond premium was amortized on a straight-line basis. Before income taxes, what is the Fox's gain or loss in year 6 on this early extinguishment of debt