Harrison Corporation has equipment that was purchased and subsequently disposed and sold. Using the information below for each independent situation, determine: (A) Is there is a gain or loss and (B) The amount of gain or loss that would be recorded: B Situation A Machinery 30000 40000 Cost Accumulated 12000 12000 Depreciation Cash Received on 15000 22000 Sale of Machinery Gain or Loss? [Select] [Select] [Select] [Select] Amount C 35000 D 85000 32000 71000 4000 [Select] [Select] [Select] V [Select] E 100000 85000 20000 > > [Select] [Select]