On 1/9/2018 ABC acquired a machinery at an acquisition cost of 25,000. The expected useful life was 8 years, and the residual value was zero. ABC adopted the straight-line depreciation method. ABC sold the above machinery on 1/3/2021 at a selling price of 16,000. Firms accounting period commences at 1st January and ends at 31st December of each year. The gross result (profit\loss) of the sale was:

a. None of the given answers is correct.

b. Profit 2,187

c. Loss 2,187

d. Profit 1,187

e. Loss 1,187