TB MC Qu. 8-88 Amanda Company purchased a computer that... Amanda Company purchased a computer that cost $10,300. It had an estimated useful life of 5 years and a residual value of $1,150. The computer was depreciated by the straight-line method and was sold at the end of the third year of use for $5,120 cash. How much of a gain or loss should Amanda record? O A loss of $310. O Again (f $31() O A gain of $1,150 O A loss of $5,120