Paper Printing Company disposed of a copy machine after using it for two years. The copy machine originally cost $65,000 and had associated accumulated depreciation of $32,500. Calculate the gain or loss on the disposal of the copy machine for each of the following situations:

1. The company sold the copy machine to a church for $27,500.

2. The company sold the copy machine to a local bank for $33,000.

3. The company gave the copy machine to a hauling company in return for hauling it to the local dump. The copy machine was considered worthless.