Computing Gain or loss on Disposal On September 1, 2020, Boundary inc. sold equipment for $72,000, which originally had cost $130,000 on December 31, 2015. The equipment is estimated to her salvage value at the end of its estimated useful life of 10 years. The company uses straight line depreciation. Compute tho gain or loss on disposal of this equipment on September 1, 2020 Note: Round your answer to the nearest whole number, Note: Do not use a negative sign with your