Target Corporation, a major U.S. retailer, reported the following amounts in the asset section of its balance sheets for the years ended January 31, 2009, and February 2, 2008:
31-Jan-09 |
2-Feb-08 |
||
Property and equipment, net |
$25,756 |
$24,095 |
In addition, the statement of cash flows for the year ended January 31, 2009, included the following items ($ in millions):
Depreciation |
$1,814 |
|
Additions to property and equipment |
3,547 |
|
Proceeds from the sale of property and equipment |
39 |
What was the gain or loss Target recognized in the year ended January 31, 2009, from the sale of property and equipment?