Gain or loss on sale.

Q Search X AE212 . .+ The company expects to extract 10 million pounds of copper from the mine. Actual pr pounds in 2021 and 3 million pounds in 2022. Assignments General Enter your answer Calendar Call 2 Files Gain or loss on sale [J (1 Point) . . Lawler Clothing sold manufacturing equipment for $16,000. Lawler originally purchased the equipment for $80,000, and depreciation through the date of sale totaled $71,000. What was the gain or loss on the sale of the equipment? Enter your answer Apps (?) 3 Help L P A U O () ENG 12:12 pm 27/01/2021