On July 1, 2020, Stanton Company sold equipment for $66,000. The equipment originally cost $180,000 and had an expected salvage value of $30,000. As of July 1, 2020, the accumulated depreciation account had a balance of $120,000. The gain on loss on the sale is: $6.000 loss $36.000 loss $6,000 gain $36,000 in None of the listed choices are comect