X2 issued callable bonds on January 1, 2021. The bonds pay interest annually on December 31 each year. X2's accountant has projected the following amortization schedule from issuance until maturity: Interest Expense Decrease in Carrying Value Cash Paid Date 01/01/2021 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025 $ 7,280 7,280 7,280 7,280 7,280 $6,423 6,376 6,326 6,274 6,218 $ 857 904 954 1,006 1,062 Carrying Value $ 116,783 115,926 115,022 114,068 113,062 112,000 X2 buys back the bonds for $115,580 immediately after the interest payment on 12/31/2022 and retires them. What gain or loss, if any, would X2 record on this date