On July 1, 2014, Dillman Kennels Sells Equipment for $66,000

On July 1, 2014, Dillman Kennels sells equipment for $66,000. The equipment originally cost $180,000, had an estimated 5-year life and an expected salvage value of $30,000. The Accumulated Depreciation account had a balance of $105,000 on January 1, 2014, using the straight-line method. The gain or loss on disposal is

A) $9,000 gain.
B) $6,000 loss.
C) $9,000 loss.
D) $6,000 gain.