The Christine Company sold a building for $$247,500$ that had a book value of $$300,000.$ The building had originally cost the company

$$6,000,000$ and had accumulated depreciation to date of $$5,700,000.$

What is the gain or loss that the Christine Company incurred on this transaction?

Select one:

a$.$ $$225,000$ gain

b$.$ $$250,000$ loss

c$.$ $$100,000$ gain

d$.$ $$52,500$ loss