Chris' Crispy Chicken sold one of its used deep fryers for $5,000. The original cost of the

Question:

Chris' Crispy Chicken sold one of its used deep fryers for $5,000. The original cost of the fryer was $15,000, and related accumulated depreciation at the time of the sale was $7,000.
Required
Calculate the gain or loss on the sale of the deep fryer. For what amount would Chris need to sell the equipment to generate no gain or loss?