Student A asserts that when a depreciable plant asset is to be sold a first step is to record depreciation for the fractional period to the date of sale. Student B argues that an entry for depreciation at the date of disposing of the asset is inefficient because in his opinion it is more convenient to make all depreciation entries at the end of the year. At that time he would take into consideration that certain depreciable assets had been in use for only a portion of the year piior to their disposal. Evaluate these arguments. LO2