Equipment Was Acquired for $258,000 and Has Accumulated Depreciation of $194,000.The

Equipment was acquired for $258,000 and has accumulated depreciation of $194,000.The business exchanges this equipment for new equipment.The new equipment has a market value of $202,000 and the business pays $153,000 cash.Assume the exchange has commercial substance.The exchange results in ________.

A) loss $15,000
B) gain $15,000
C) gain $138,000
D) loss $138,000