Jerabek Inc. decided to sell one of its tangible capital assets that had a cost of \(\$ 55,000\) and accumulated depreciation of \(\$ 35,000\) on July 1, 2018. On that date, Jerabek sold the asset for \(\$ 15,000\). What was the resulting gain or loss from the sale?

a. \(\$ 5,000\) loss

b. \(\$ 5,000\) gain

c. \(\$ 15,000\) loss

d. \(\$ 15,000\) gain