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Question 20 On December 31, 2019, Manufactured Homes Inc. sold a used 18...

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Question 20 On December 31, 2019, Manufactured Homes Inc. sold a used 18 wheeler for $600,000 cash. The original cost of the 18 wheeler was $5.0 million and its accumulate depreciation equaled $4.6 million on December 31, 2019. What is the gain or loss from the December 31, 2019 equipment sale? $600.000 gain. $600.000 loss. $200.000 loss. $200,000 gain

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