On December 31, Strike Company sold one of its batting cages for $10,170. The equipment had an initial cost of $484,400 and had accumulated depreciation of $460,180. Depreciation has been recorded up to the end of the year. What is the amount of the gain or loss on this transaction? Loss of $14,050 Loss of $10,170 Gain of $14,050 Gain of $10,170