3)

On December 31, Strike Company sold one of its batting cages for $253,130. The equipment had an original cost of $297,800 and has accumulated depreciation of $44,670. Depreciation has been recorded up to the end of the year. What is the amount of the gain or loss on this transaction? a. loss of $(44,670) Ob. no gain or loss Oc. gain of $59,560 Od. can't be determined with data provided