Question 6 Not yet answered Marked out of 1.00 Flag question A company sold equipment that originally cost $100,000 for $60,000 cash. The accumulated depreciation on the equipment for $40,000. The company should recognize a: Select one: a. $20,000 gain b. $40,000 loss c. $20,000 loss d. $60,000 gain e. $0 gain or loss