4. On June 2015, Wolverine Co. Sold a machine for $ 230,000 that was acquired three years earlier for $ 420,000. The accumulated depreciation for this machine was $ 216,000, and the original estimated salvage value was $ 60,000. Wolverine uses the straight-line method of depreciation . How much gain or loss on the disposal should Wolverine record in 2015? A. $ 26,000 loss B. $ 26,000 gain C. $ 14,000 gain D. $ 34,000 loss