2. Ekin Industries purchased a building in 2017 for $415,000. It had an estimated useful life of 30 years and a salvage value of $25,000. Ekin uses straight-line depreciation. In early January of 2022. Ekin took advantage of the hot real estate market and sold the building for $500,000. Required: Prepare the journal entry to record the sale, including any gain or loss that should be recognized. Show calculations for the Accumulated Depreciation balance and for the Gain or Loss amount.