Fran and Tom purchase a home in 2006 for $1,500,000. To finance the pur- chase, they borrow $1,450,000 from Buttars Mortgage Brokers. In 2007, they borrow an additional $100,000 from Buttars, secured by the residence, to add a game room. They become unemployed in 2009 and are unable to make the payments on the mortgages. In 2010, they sell the home for $1,200,000. The balances on the debts are $1,480,000 and $95,000, respectively. Buttars agrees to cancel the remaining debt on the mortgage. How much income do Tom and Fran have from Buttars cancellation of the remaining debt on their home?