. A company sells a plant asset which originally cost $250,000 for $100,000 on December 31, 2020. The Accumulated Depreciation account had a balance of $175,000 after the current year's depreciation of $45,000 had been recorded. The entry to record the sale is:

a. Cash 100,000

Equipment 250,000

Accumulated Depreciation 175,000

Gain on Sale 175,000

b. Cash 100,000

Accumulated Depreciation 175,000

Equipment 250,000

Gain on Sale 25,000

c. Cash 100,000

Equipment 250,000

Accumulated Depreciation 175,000

Loss on Sale 175,000

d. Cash 100,000

Accumulated Depreciation 175,000

Equipment 250,000

Loss on Sale 25,000