View Policies Current Attempt in Progress On January 1, 2012, Marigold Corp. purchased for $684000, equipment having a useful life of ten years and an estimated salvage value of $41400. Marigold has recorded monthly depreciation of the equipment on the straight-line method. On December 31. 2020, the equipment was sold for $180000. As a result of this sale, Marigold should recognize a gain of $115740. O $74340. O $180000. O $0.