Green Light Trading Co. purchased a transmission belt equipment at a cost of $6490000 in 20X3. Green Light took the following depreciation for tax deduction from 20X3 to 20X6. 20X3: $927421 20X4: $1589401 20X5: $1135101 20X6: $810601 In 20X7, Green Light sold the equipment for $890000, after taking another depreciation deduction of $290103 in 20X7. This was the only equipment sales transaction in the past five years. What is the taxable gain/loss from disposal of the equipment and is the type of gain/loss amount ordinary or capital? Question 33Answer a. -1137476 ordinary loss b. -847373 ordinary loss c. -1137476 capital loss d. -847373 capital loss