Skysong Company purchased a new machine on September $1,2022,$ at a cost of $$125,000.$ The company estimated that the machine will have a salvage value of $$12,000.$ The machine is expected $t$ be used for $10,000$ working hours during its $5-$year life.

Assume the double$-$declining balance method is used. What amount of gain or loss would Skysong recognize if they sell the asset for $$50,000$ on $12/31/24?$