Question Help In 2019, BayKing Company sold used equipment for $22,000. The equipment had an original cost of $90,000 and accumulated depreciation as of the date of sale was $65,000. Bayking also purchased held-to-maturity securities for $7,000. What is the gain or loss on the sale of the equipment? O A. $18,000 loss OB. $40,000 gain OC. $3,000 loss D. $25,000 gain show work