On December 31, Strike Company has decided to sell one of its batting cages. The initial cost of the equipment was $233,037.00 with an accumulated depreciation of $209,733.30. Depreciation has been taken up to the end of the year. The company found a company that is willing to buy the equipment for $20,973.33. What is the amount of the gain or loss on this transaction? Select the correct answer. Gain of $23,303.70 Gain of $2,330.37 Loss of $23,303.70 Loss of $2,330.37