Using the facts below, calculate the amount ofGAIN the taxpayer would reportIN THE YEAROFSALE using the installment method.

The taxpayer sellsWhiteacrefor $200,000. The taxpayer receives $20,000 cash in the year of sale and a promissory note for $180000.No payments are made on the note in the year of sale. Selling Expenses are $4000; the taxpayer's adjusted basis inWhiteacreis $76000.