Leesburg Sold a Machine for $2,200 on November 10^th of the Current

Leesburg sold a machine for $2,200 on November 10^th of the current year.The machine was purchased for $2,600.Leesburg had taken $1,200 of depreciation deductions on the machine through the date of the sale.What is Leesburg's gain or loss realized on the machine?

A) $800 gain.
B) $1,000 gain.
C) $1,200 loss.
D) $1,400 loss.
E) None of thesE.The gain realized is the $2,200 amount realized less the $1,400 ($2,600 - $1,200) adjusted basis.