Garcia Excavating purchased a used dump truck for $110,000 on January 1, 2018. The company has depreciated the dump truck using the straight-line method over its estimated 10-year life with a $5,000 residual value. Garcia sold the dump truck on January 1, 2021, for $82,000. Total accumulated depreciation on the dump truck on the date of sale was $31,500. What gain or loss should be recorded on the sale? A. A loss of $3,500 B. A gain of $28,000 C. A loss of $28,000 OD. Again of $3,500