$On$ May $1,2014,$ Sunland $Ltd.$ purchased a new machine for $$160000.At$ the time $of$ acquisition, the machine was estimated $to$ have $a$

useful life $of$ ten years and $an$ estimated residual value $of$ $$7600.$ The company has recorded monthly depreciation using the straight$-$

line method. $On$ March $1,2023,$ the machine was sold for $$18000.$ The loss $tobe$ recognized from the sale $is$

$$0.$

$$14980.$

$$7380.$

$$7600$