Wellsboro Distribution Company has determined its December 31, 2020, inventory on a LIFO basis at $200,000. Information pertaining to that inventory follows.

Item	Amount
Estimated selling price	$208,000
Estimated cost of disposal	$10,000
Normal profit margin	$30,000
Current replacement cost	$180,000

At December 31, 2020, what is the loss that Wellsboro should recognize? Assume no previously recorded inventory holding loss.

State your answerrounded to thenearest million, with commas, without a dollar sign ($). As Canvas will not accept an answer with parentheses, use a hyphen to indicate a negative number (e.g., -300).