On May 1, 2008, Platypus Ltd.purchased a new machine for $132,000.At the time of acquisition, the machine was estimated to have a useful life of ten years and an estimated residual value of $6,000.The company has recorded monthly depreciation using the straight-line method.On March 1, 2017, the machine was sold for $18,000.The loss to be recognized from the sale is
A)$0.
B)$2,700.
C)$6,000.
D)$8,700.

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The Answer of On May 1, 2008, Platypus Ltd.purchased a new machine for $132,000.At the time of acquisition, the machine was estimated to have a useful life of ten years and an estimated residual value of $6,000.The company has recorded monthly depreciation using the straight-line method.On March 1, 2017, the machine was sold for $18,000.The loss to be recognized from the sale is
A)$0.
B)$2,700.
C)$6,000.
D)$8,700.