A trucking company sold its fleet of trucks for $55,300. The trucks originally cost $1,421,000 and had Accumulated Depreciation of $1,272,000 recorded through the date of disposal. What gain or loss did the trucking company record when it sold the fleet of trucks?

This is homework. Show us your work and maybe we can then help. Fairly basic question. Look up " depreciation recapture".

Surely simple mathematics