On December 31, Strike Company has decided to sell one of its batting cages. The cost of the equipment was $238,875.00 with an accumulated depreciation of 214087.50 Depreciation has been taken up to the end of the year. The company found a company that is willing to buy the equipment for $21.495.75. What is the amount of the gain or loss on this transaction? Select the correct answer Cal of Los 50 of 7.50 f.1007