6) Phosphoric Company reported capital assets, net of accumulated depreciation, on January 1, 2013, at $645,000 and $732,500 on December 31, 2013. The income statement showed depreciation of $48,300 and a 55,600 loss on sale of capital assets. Phosphoric Company acquired $213,000 of capital assets during the year. The proceeds from the sale of capital assets were: A) $125,500 B) $89,900 C) $71,600 D) $77,200