Question 25 Noted Marked out of 100 Flag question On December 31, Strike Company traded in one of its batting cages for another one that has a cost of $500,000. Strike receives a trade-in allowance of 511,000. The old equipment had an initial cou of $215,000 and has accumulated depreciation of S185,000 Depreciation has been recorded up to the end of the year. The difference will be paid in cash. What in the annount of the pain or low on this transaction? Select one: O a. pan of $11,000 O b.lous of $19.000 c. loss of $11.000 O d. no los organ