Peyman Company purchased equipment on January 1, 2024, for $38,000. Suppose Peyman Company sold the equipment for $2.000 on December 31, 2025. Accumulated Depreciation as of December 31, 2025, was $22,000 Joumalize the sale of the equipment, assuming straight-line depreciation was used. CHILD First, calculate any gain or loss on the sale of the equipment (Enter a loss with a minus sign or parentheses) Market value of assets received Less: Book value of asset disposed of Cost Less Accumulated Depreciation Gain or (Loss)