Prinkle Corporation purchased equipment for

$ 51 comma 000$51,000

on January 1, 2016. On December 31, 2018, the equipment was sold for

$ 23 comma 000$23,000.

Accumulated Depreciation as of December 31, 2018 was

$ 26 comma 000$26,000.

Calculate gain or loss on the sale.

A. 2,000 gain

B. 2,000 loss

C. $26,000 loss

D. no gain no loss