On January 1, 2014, Danny Co. redeemed its 15-year bonds of $3,500,000 par value for 102. They were originally issued on January 1, 2002 at 98 with a maturity date of January 1, 2017. The bond issue costs relating to this transaction were $210,000. Danny amortizes discounts, premiums, and bond issue costs using the straight-line method. What amount of loss should Danny recognize on the redemption of these bonds (ignore taxes)?