Suppose one year ago, Hein Company loan payables outstanding in British pound valued at 240,000 pounds. The exchange rate for dollars to pounds was 1 = 1.75 U.S. dollars. This year the exchange rate is 1 = 1.45 U.S. dollars. Heinz loan payables in Britain is still valued at 240,000 pounds. What is the gain (+) or loss (-) in loan payables value in U.S. dollars as a result of the change in exchange rates?