Apha Limited acquired the net assets of Beta Limited. Alpha Limited provided an item of equipment as part of the consideration. The fair value of the equipment was $26,000. It cost $40,000 and had a carrying amount of $24,000. Which of the following entries appropriately reflects the gain or loss on the equipment? Select one: O a. Dr Gain on sale $2000 O b. CR Loss on sale $2000 O c. CR Gain on sale $2000 d. DR Loss on sale $2000