XYZ Company purchased a new machine on January 1, 2023 for $127,400. The machine had a 7-year life and a $5,600 salvage value assigned to it. The machine is being depreciated using the sum-of-the-years'-digits method. XYZ Company sold the machine on December 31, 2026 for $20,000. Calculate the amount of the loss on the sale of the machine recorded by XYZ Company. Do not use a minus sign or decimals in your answer. Additionally, do not type the word loss after your answer.