An asset that costs $$14,400$ and has accumulated depreciation of $$8,000$ is sold for $$5,600.$ What amount of gain or loss will be recognized when the asset is sold?

An asset that costs $$14,400$ and has accumulated depreciation of $$8,000$ is sold for $$5,600.$ What amount of gain or loss will be recognized when the asset is sold?

A loss of $$800.$

A gain of $$800.$

A loss of $$2,400.$

A gain of $$2,400.$