Use the information below to answer the questions that follow. Enter your answers using digits only $-$ no dollar signs, commas, or decimal points. The business's year$-$end is December $31.$

Cost of equipment $=120000$

Useful life in years $=10$

Residual value $=0$

Date purchased $=$ February $1,2021$

Date of disposal $=$ October $31,2023$

Cash received on disposal $=85000$

What is the accumulated depreciation on the date of the disposal?

What is the book value of the equipment on the date of the disposal?

What is the amount of the gain or loss on the disposal?