On November 16, 2027, XYZ Company purchased 17,000 shares (representing 12% ) of Company C stock for $13 per share. On August 23, 2028, XYZ Company sold 2,400 shares of the Company C stock for $19 per share. The market value of the Company C stock at December 31, 2028 was $29 per share. XYZ Company sold 3,500 shares of the Company C stock on March 20, 2029 for $33 per share. At December 31, 2029, the market value of the Company C stock was $11 per share. Calculate the amount of the unrealized loss reported on XYZ Company's 2029 income statement. Do not enter your answer with a minus sign in front of your number