Blossom Company had the following assets on January 1, 2022.

Item		Cost		Purchase Date		Useful Life (in years)		Salvage Value
Machinery		$68,160		Jan. 1, 2012		10		$ 0
Forklift		28,800		Jan. 1, 2019		5		0
Truck		32,064		Jan. 1, 2017		8		2,880

During 2022, each of the assets was removed from service. The machinery was retired on January 1. The forklift was sold on June 30 for $11,520. The truck was discarded on December 31. The company uses straight-line depreciation. All depreciation was up to date as of December 31, 2021. Compute the gain or loss for each of the asset disposals that occurred in 2022. (Hint: Be sure to update depreciation for each asset from January 1, 2022, to disposal date.)

Item		Gain or Loss		Amount
Machinery		select an option Gain -Loss -No gain or loss		$enter a dollar amount
Forklift		select an option Gain -Loss -No gain or loss		$enter a dollar amount
Truck		select an option Gain -Loss -No gain or loss		$enter a dollar amount