On July 1, 2011, Hale Kennels Sells Equipment for $66,000

On July 1, 2011, Hale Kennels sells equipment for $66,000.The equipment originally cost $180,000, had an estimated 5-year life and an expected residual value of $30,000.The accumulated depreciation account had a balance of $105,000 on January 1, 2011, 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.