HELL purchased a machine on 01-03-2009 at a cost of $159,000. The machine is depreciated using the straight-line method. The useful life of the machine is 16 years. The residual value of the machine is $3,000. The company sold the machine on 01-03-2021 for $44,000. The company made: Options from question 19:

A gain on disposal of $5,000

A gain on disposal of $4,187.5

A gain on disposal of $2,000

A loss on sale of $7,750

A gain on disposal of $1,187.5

None of the above