A company sells an asset that originally cost $500,000 for $95,000 on December 31, 2020. The accum current year's depreciation of $50,000 had been recorded. What amount of gain or loss should the co parentheses or a minus sign for a loss.) O A. $(205,000) B. $(155,000) O C. $205,000 OD. $(405,000) originally cost $500,000 for $95,000 on December 31, 2020. The accumulated depreciation account had a balance of $200,000 after the 50,000 had been recorded. What amount of gain or loss should the company recognize upon the disposal of the asset? (Use for a loss.)