D mail YouTube News Welcome to Bishop Dashboard Class PRINCIPLES Enabled Chapter 10 quiz An asset's book value is $18,800 on December 31, year 5. Assuming the set is sold on December 31, Year 5 for $14,200, the company should record Multiple Choice Neither a gain nor a loss is recognized on this transaction O A gain on sale of $13,100. A gain on sale of $4,600 A loss on sale of $4,500 A loss on sale of $13,100