On December 31, Strike Company sold one of its batting cages for $21,135. The equipment had an initial cost of $234,827 and had accumulated depreciation of $211,344. Depreciation has been recorded up to the end of the year. What is the amount of the gain or loss on this transaction? a.Loss of $2,348 b.Gain of $213,692 c.Loss of $190,209 d.Gain of $2,348

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