On December 31, Strike Company sold one of its batting cages for $243,312. The equipment had an original cost of $286,250 and has accumulated depreciation of $42,938. Depreciation has been recorded up to the end of the year. What is the amount of the gain or loss on this transaction? a.gain of $57,251 b.no gain or loss c.loss of $(42,938) d.cannot be determined with information given

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