The Bomb Pop Corporation sold ice cream equipment for $16,300. The equipment was originally purchased for $38,000, and accumulated depreciation through the date of sale totaled $25,000. Required: 1. What was the gain or loss on the sale of the equipment? 2. Record the sale of the equipment. Complete this question by entering your answers in the tabs below. Required 1 Required 2 What was the gain or loss on the sale of the equipment? on sale