On January $1,2018,$ Fireside Company purchased equipment for $$172,000.$ Fireside uses straight$-$line depreciation and estimates an eight$-$year useful life and a $$12,000$ salvage value. On December $31,2022,$ Fireside sells the equipment for $$60,000.$

In recording this sale, Fireside should reflect:

A$),$ A $$6,000$ loss

B$),A$$$24,000$ loss

C$),$$$12,000$ loss

D$)$ No gain or loss