Splish Company purchased a new machine on September 1, 2022, at a cost of $143,000. The company estimated that the machine will have a salvage value of $14,000. The machine is expected to be used for 10,000 working hours during its 5-year life.

D. Assume the straight-line method is used. What amount of gain or loss would Splish recognize if they sell the asset for $68,000 on 1/1/25?