On December 31, 2019, Moscow Company sold some used bottling equipment for $1,015,000 cash. The original cost of the equipment was $5.24 million and its accumulated depreciation equaled $4.32 million on December 31, 2019. What is the gain or loss from the December 31, 2019 equipment sale?

$920,000 gain

$920,000 loss

$95,000 loss

$95,000 gain