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/recognized: Situation A B C D Machinery 30000 40000 35000 850C Cost Accumulated 12000 12000 32000 7100 Depreciation Cash Received If 15000 22000 4000 Sale of Situation A B C D Machinery 30000 40000 35000 850C Cost Accumulated 12000 12000 32000 7100 Depreciation Cash Received If 15000 22000 4000 0 Sale of Machinery Salvage 2000 1500 2500 5000 Value Gain or Loss (Your answer should be either Gain or Loss) Amount 0000 C D 35000 85000 E 100000 2000 32000 71000 85000 2000 4000 20000 500 2500 5000 2000