BACK NXT Question 24 On July 1, 2017, Blossom Company sells equipment for $119000. The equipment originally cost $330000, had an estimated 5-year life and an expected salvage value of $50000. The Accumulated Depreciation account had a balance of $196000 on January 1, 2017, using the straight-line method. The gain or loss on disposal is O $15000 loss. O $13000 loss. $13000 gain. $15000 gain. Open Show Work Click if you would like to Show Work for this question: Inc