Equipment Was Acquired for $256,000 and Has Accumulated Depreciation of $187,000.The

Equipment was acquired for $256,000 and has accumulated depreciation of $187,000.The business exchanges this equipment for new equipment.The new equipment has a market value of $208,000 and the business pays $159,000 cash.Assume the exchange has commercial substance.The exchange results in ________.

A) loss $20,000
B) gain $20,000
C) gain $139,000
D) loss $139,000