WWC purchased an asset that had a list price of $25,000 and a cash price of $22,500. WWC paid for this asset by paying $3,750 cash and trading in an old asset that originally cost 37,500 (accumulated amortization to date, $19,000). The two assets are dissimilar, WWC should recognize a gain or loss of:

a 2000 loss

b 2750 gain

c 1750 gain

d 250 gain