Equipment was originally acquired for $$207,000$ and has accumulated depreciation of $$89,000.$ The business exchanges this equipment for new equipment. The new equipment has a market value of $$301,000$ and the business pays $$58,000$ cash. Assume the exchange has commercial substance. The exchange results in a $$

A$.$ loss of $$183,000$

B$.$ gain of $$183,000$

C$.$ gain of $$125,000$

D$.$ loss of $$125,000$