SP Ltd. has a December 31 year end. On April 2, 2020, SP purchased a piece of equipment at a cost of $190,000,5P s management estimated that this piece of equipment would have a useful life of five years and a residual value of $40,000.SP uses the straight-line method for depreciating its manufacturing equipment. If SP sold the piece of equipment on June 30,2022 , for $108,000, what amount of the gain or loss would have to be recorded? The amount of on disposal $