Equipment Was Acquired for $256,000 and Has Accumulated Depreciation of $190,000.The

Equipment was acquired for $256,000 and has accumulated depreciation of $190,000.The business exchanges this equipment for new equipment.The new equipment has a market value of $209,000 and the business pays $157,000 cash.Assume the exchange has commercial substance.The exchange results in ________.

A) loss $14,000
B) gain $14,000
C) gain $143,000
D) loss $143,000