QUESTION 9 EagleFord Oil Company decides to replace the blowout preventer in one of its oil rigs. The new preventer has a price of $87,000. The old preventer has an original cost of $730,000 and accumulated depreciation of $686,000. EagleFord gave the old preventer and 5805,000 cash for the new preventer. The replacement will result in a gain of $29,000 gain of $75,000 loss of $44,000 loss of $73,000