Epsilon Manufacturing Company has provided the following information for a piece of equipment that is sold for $72,500 on 31 December 2016: Acquisition cost of equipment $95,000 Acquisition date 1-Jan-13 Estimated residual value on $11,250 the acquisition date Expected useful life 8 years Depreciation method Straight line The gain (or loss) reported on the sales of equipment is: Select one: O A. a loss of $19,375. O B. a gain of $72,500. O C. a loss of $22,500. O D. a gain of $19,375. O E. a loss of $25,275. O F. a gain of $25,375. A research analyst provided the following data for Gamma LLC: 31-Dec-15 31-Dec-16 Gross investment in fixed assets $900,000 $900,000 Accumulated depreciation $310,000 $400,000 Based on the information provided, the average age of Gamma's fixed assets at the end of 2016 is: Select one: O A 2.25 years. OB. 5.56 years. O C. 4.44 years O D. 8.44 years