2. ABC Corporation traded-in old equipment with a new one. The original cost of the old equipment was $10,000. The accumulated depreciation of the old equipment at the time of trade-in was $8,500 On the other hand, the invoice price of the new equipment was $14,000. ABC was granted $2,000 trade-in-allowance for the old equipment and it paid the remaining amount in cash to acquire the new equipment. The trade-in resulted in a: * DS (3 Points) $6,500 Gain $500 Gain $6,500 Loss $500 Loss