hunter sailing company exchanged an old sailboat for a new one. the old sailboat had a cost of $280,000 and accumulated depreciation of $140,000. the new sailboat had an invoice price of $292,000. hunter received a trade in allowance of $153,000 on the old sailboat, which meant the company paid $139,000 in addition to the old sailboat to acquire the new sailboat. if this transaction has commercial substance, what amount of gain or loss should be recorded on this exchange?