Southern Company sold its micro brewing facility on December 31, 2022 to a group on recently graduated students for $100,00. The group of students signed a promissory for $100,000 bearing 8% interest due December 31, 2025. The facility consists of a building and equipment with the following data on Southerns balance sheet as of December 31, 2022:

Building and Equipment at cost $150,000

Accumulated Depreciation 90,000

a. Did Southern have a gain or loss on this transaction and for how much?