The $8\%$ bonds payable of Waterway Industries had a net carrying amount of $$3050000$ on December $31,2020.$ The bonds, which had a face value of $$3200000,$ were issued at a discount to yield $10\%.$ The amortization of the bond discount was recorded under the effective$-$interest method. Interest was paid on January $1$ and July $1$ of each year. On July $2,2021,$ several years before their maturity, Waterway retired the bonds at $103.$ The interest payment on July $1,2021$ was made as scheduled. What is the loss that Waterway should record on the early retirement of the bonds on July $2,2021?$ Ignore taxes.