A machine that was purchased for $110,000 has accumulated depreciation of $90,000. The business exchanges the machine for a new one. The new machine has a market value of $140,000, and the business pays $110,000 cash. Assume the exchange has commercial substance. This exchange results in a OA, loss of $10,000 O B. gain of $5,000 C. loss of $20,000 O D. gain of $10,000