Perez Company, a Mexican subsidiary of a U.S. company, sold equipment costing 100,000 pesos with accumulated depreciation of 37,500 pesos for 70,000 pesos on March 1, 2018. The equipment was purchased on January 1, 2017. Relevant exchange rates for the peso are as follows: Jan 1, 2017: $0.110; Mar 1, 2018: $0.106; Dec 31,2018: $0.102; Average, 2018: $0.105. The financial statements for Perez are remeasured by its U.S. parent. What amount of gain or loss would be reported in its translated income statement?