R&R Corporation trades a parcel of land to OBX Corp for a similar parcel of land. You may assume this transaction lacks commercial substance. The following information is applicable to this scenario:
Historical Cost of Old Land						$ 300,000
Accumulated Depreciation - Old Land						$ 80,000
Fair Value of Old Land						$ 250,000
OBX paid Cash to R&R for the following amount in addition to trading their own parcel of land:
						$ 50,000

8. What is the amount of gain or loss recognized from this non-monetary exchange? Enter a Gain as positive or a Loss as negative or Zero if neither is recognized. Enter the amount as a whole number with no symbols.