What is the accounting loss if Bolton sells the entire lot of failed 3zD0 units for scrap?

QUESTION 5 10 poi Bolton Ironworks must decide between scrapping or reworking units that fail a quality control (Qc) inspection. For product 3ZDO 25,000 units failed the QC inspection in November. These units cost Bolton $371,000 to manufacture and can be sold for scrap at a price of $3.00 per unit. Bolton could correct the defects at a cost of $7.00 per unit and then sell the entire lot for $280,000. What is the accounting loss (Revenue less cost) if Bolton sells the entire lot of failed 3ZDO units for scrap? (Enter your answer as a positive number, e.g. if the revenue were $10 and the cost were $12 then the income would be -2 but the loss is 2. You would enter your answer as 2. Round to the nearest $1.00)