EXAMEN PARCIAL #1 Saved Help Save & Exit Submit 8 MC Qu. 161 Ngu owns equipment that cost.. Ngu owns equipment that cost $94,700 with accumulated depreciation of $64,800. Ngu asks $35,300 for the equipment but sells the equipment for $33,200. Compute the amount of gain or loss on the sale. points Multiple Choice $5,400 gain. $3,300 loss $3,300 gain. $2300 gain C Prev8of 31Next>