Ilene's Ice Cream Parlour just spent $$16,000$ redoing their patio area for outside service. The original patio was not recognized as a separate component of the building and its original cost is not known. The building had been depreciated on a straight$-$line basis assuming a $40-$year useful life. Construction costs in the area have doubled since the original building was completed $20$ years ago. Assuming the new patio will not be recorded as a component separate from the building, what should be recorded as the loss on disposal of old patio?

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$zero

$$8,000$

$$4,000$

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