Quaxly Co. sold some of their old equipment for $4,900 cash. They originally bought this equipment for $10,000 4 years ago and on the date of sale their accumulated depreciation account had a balance of $6,000. What would Quaxly Co. record as part of their sale of this equipment? Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a A loss of $5,100 b C A gain of $4,900 A gain of $900 d A loss of $ 1,100