QUESTION $5$

$**$ Hard $**$

On $\frac{01}{07}\frac{?}{{2023}_{?}},$ PNL Inc. purchased a machine for $$1,477.$

The company estimates that the machine's useful life is $5_{?}$ years, and the residual value is $$150.$

The company uses the straight$-$line depreciation method.

On $\frac{12}{15}\frac{?}{2023},$ the company sold the machine for $$1,245.$

What was the gain or loss from the sale of the machine? Values are rounded to the nearest dollar.

$1.$$$17$ gain.

$2.$$$45$ gain.

$$45$ loss.

$$1,245$ gain.