On January 3, 2021. Tracer incorporated purchased a patent for $501,000 to manufacture a new type of chai The patent has remate of 12 years. Tracer plans to manufacture the chair for eight years and then sell the potent for 567,000. The company amortis Wangit the straight line method On December 20, 2023. Tracer decides to sell the potent for $350,000 Assuming the company has a December 31 year-end, who is the gain or loss recorded on the sale of the patent