Consider a seven$-$year MACRS asset that was purchased at $$72,000.$ Compute the gain or loss amounts if the asset were disposed of in year three with a salvage value of $$25,000.$

a$.$ Loss of $$12,782$

b $.$ Loss of $$12,705$

c$.$ Gain of $$11,883$

d$.$ Gain of $$14,224$