Question 9 2.5 pts Nera purchased equipment 7 years ago for $20,000 and anticipated it would have a service life of 10 years with no salvage value, Nera uses the straight- line method of depreciation and sold the equipment this year for $8,000. What amount of gain or loss will Nera recognize on the sale? a. $12,000 loss b. $2,000 loss O c. $2,000 gain O d. No gain or loss will be recognized