On January $1,2020,$ BD Company purchased a commercial truck for $$48,000$ and uses the straight$-$line depreciation method. The truck has a useful life of eight years and an estimated residual value of $$8,000.$ On December $31,2022,$ BD sold the truck for $$25,000.$

What amount of gain or loss should BD record on December $31,2022?$

Question $3$Select one:

a$.$

$$8,000$ Loss

b$.$

No gain or loss

c$.$

$$5,000$ Gain

d$.$

$$3,000$ Loss

e$.$

$$13,000$ Loss