Business Services Ltd's year end is 31 December. On 1 july 201, they purchased a machine at a cost of 66,800. At the time, they estimated that the machine had a useful life of 10 years and no residual value. On 1 January 205 Business Services Ltd sold the machine for 37,800. Business Services Ltd have a policy of charging depreciation based upon the number of months an asset has been owned. Did Business Services Co make a profit or a loss on the sale of the machine? (Select your answer in the dropdown menu) What was the value of the profit or loss? I (Enter the value with no f sign, minus sign, comma or decimal places)