3. Blast Corporation uses accrual accounting and issues financial statements every December 31. At December 31, 2021, Blast Corporation had plant equipment that originally cost $75,000 and had accumulated depreciation of $30,000. The corporation disposed of the equipment on December 31, 2021, after deciding that the equipment was obsolete. Which statement below is accurate? a. Blast Corporation's loss on disposal equals the book value of the equipment. b. Blast Corporation's loss on disposal equals the book value of the equipment plus the accumulated depreciation. c. Blast Corporation's gain on disposal equals the book value of the equipment. d. Blast Corporation's loss on disposal is $0 since the equipment was obsolete