Razor Company has decided to sell one of its old machines on December 31, 2017. The machine was purchased for $90,000, and the accumulated depreciation was $ 54,000. If the machine was sold for $22.000, what was the amount of the gain or loss recorded at the time of the sale? Select one: a. 514,000 b. 554,000 C. 536.000 d. 590,000