3. Milton Company has a machine that was acquired on January 1, 20X3, at a cost of $19.800. The estimated useful life is 6 years, and the expected residual value is $1,800. The company uses the straight-line depreciation. On December 31. 20X6, the company sold the machine for $9.000 cash. The company should record: A. No gain or loss B. Again of $3,000 D. A loss of $1,200 C. A loss of $1,800 E. A gain of $1,200 A The