Motor Sales sold its old office furniture for $9,000. The original cost was $11,000, and at the time of sale, accumulated depreciation was $8,000What is the effect of this transaction? O A gain of $9,000 O B. loss of $9,000 OC. loss of $6,000 OD gain of $6,000 Tulip Corporation purchased equipment for $58,000 on January 1, 2017. On December 31, 2019, the equipment was sold for $25,000. Accumulated Depreciation as of December 31, 2019 was $28.000 Calculate gain or loss on the sale. O A. $5,000 gain OB. $5,000 loss OC. $28,000 loss OD. no gain no loss