An asset was purchased fer 525,000nJanuary 1, 2019. The assefs estimated useful ife wars five years and its residual value was 59,000. The sraight-line mehod of depreciation was used Calculate the gain or luss if the asset is sold fer 520,000 cn December 31, 2019, the last day of the accouning period A. $1,800 luss OB. $500 gain O C 1,810 gain OD na gain ar no lcas