On July 1, 2022, Dillman Kennels sells equipment for $110,000. The equipment originally cost $300,000, had an estimated 5-year life and an expected salvage value of $50,000. The Accumulated Depreciation account had a balance of $175,000 on January 1, 2022 using the straight-line method. The gain or loss on disposal is O $10,000 gain O $10,000 loss. O $15,000 gain. O $15.000 loss