Central Supply purchased a new printer for $64,125. The printer is expected to operate for 9 years, after which it will be sold for salvage value (estimated to be $6,413). What is the gain or loss on the sale of the printer assuming it is sold at the end of Year 4 for $40,000? $1,524.78 gain $1,524.78 loss $4,375 gain $4,375 loss None of these are correct.