Tulip Corporation purchased equipment for $58,000 on January 1, 2017. On December 31, 2019, the equipment was sold for $24,000. Accumulated Depreciation as of December 31, 2019 was $33,000. Calculate gain or loss on the sale. O A. $1,000 gain O B. $33,000 loss O c. $1,000 loss OD. no gain no loss