Cullumber Company had the following assets on January $1,2027.$

During $2027,$ each of the assets was removed from service. The machinery was retired on January $1.$ The forklift was sold on June $30$

for $$12,240.$ The truck was discarded on December $31.$ The company uses straight$-$line depreciation. All depreciation was up to date as

of December $31,2026.$

Compute the gain or loss for each of the asset disposals that occurred in $2027.($Hint: Be sure to update depreciation for each asset

from January $1,2027,$ to disposal date.$)$