Jane purchased a piece of equipment for $250,000 for use in her business. She incurred freight charges of $3,500, installation charges of $2,500, and maintenance costs of $5,000 for the year. At the end of the year, Jane was offered $200,0000 for the equipment. During the year, she incurred depreciation of $25,000. If Jane sells the equipment, what is the amount of gain (loss) recognized on the transaction?