On December 31, Strike Company has decided to sell one of its batting cages. The initial cost of the equipment was $201,763.00 with an accumulated depreciation of $181,586.70. Depreciation has been taken up to the end of the year. The company found a company that is willing to buy the equipment for $18,158.67. What is the amount of the gain or loss on this transaction? Select the correct answer. Gain of $20,176.30 Loss of $2,017.63 Gain of $2,017.63 Loss of $20,176.30