(17) A non-current asset (cost $10,000, depreciation $7,500) is given in part exchange for a new asset costing $20,500. The agreed trade-in value was $3,500. Which of the following will the statement of profit or loss include? A A loss on disposal $1,000 B A profit on disposal $1,000 C A loss on purchase of a new asset $3,500 D A profit on disposal $3,500