Con Company acquired new machinery with a price of $15.200 by trading in similar old machinery and paying $12.700. The old machinery originally cost $9.000 and had accumulated depreciation of $5.000. In recording this transaction. Bacon Company should record of O a. a gain of $1.500 stion O b. the new machinery at $12.700 . a loss of $1,500 O d. the new machinery at $16,700