On July 31, 2016 Dome Co. issued $1,000,000 of 10% bonds at par and used a portion of the proceeds to call its 600 outstanding 11%, $1,000 face value bonds due on July 31, 2024, at 102. On that date unamortized bond premium relating to the 11%bonds was $65,000. In its 2016 income statement, what amount should Dome report as gain or loss, before income taxes, from retirement of bonds?