Tremblay Excavating purchased a used dump truck for $$125,000$ on January $1,2021.$ The

company has depreciated the dump truck using the straight$-$line method over its estimated

$10-$year life with a $$6,500$ residual value. Tremblay sold the dump truck on January $1,2024,$ for

$$99,000.$ Total accumulated depreciation on the dump truck on the date of sale was $$35,550.$

What gain or loss should be recorded on the sale?

A$.$ A gain of $$26,000$

B$.$ A gain of $$9,550$

C$.$ A loss of $$26,000$

D$.$ A loss of $$9,550$