Hobby Lobby Stores sold the following two machines in 2022:

	Machine A	Machine B
Cost	$82,000	$60,000
Purchase Date	April 1, 2017	January 1, 2020
Useful Life	6 years	5 years
Salvage Value	$4,000	$2,000
Depreciation Method	Straight-Line	Double-Declining Balance
Date Sold	July 1, 2022	August 1, 2022
Sales Price	$20,000	$12,000

The journal entry to record the gain or loss on the sale of Machine B would include a:

Debit to Loss for $4,560

Debit to Loss for $960

Debit to Loss for $2,528

Credit to Gain for $6,008

Credit to Gain for $1,040