A piece of equipment was bought on 2nd January 2015 for $ 90,000, The Company depreciates its PP&E at 10% on cost with no depreciation during the year of disposal. The equipment was sold on 1st July 2019 for $60,000. What was the gain or loss on disposal? A. Loss of $ 30,000 B. Gain of $ 30,000 C. Loss of $ 6,000 D. Gain of $ 6,000