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On January 1, 2016, ABC Company purchased equipment for $24,000. The equipment has an estimated useful life of 4 years. On September 30, 2019, the company retires the equipment due to its bad operating conditions. The company uses the straight-line method of depreciation and prepares its financial statements yearly on December 31. The annual depreciation expense of the equipment is $4,500 $5,000 $6,000 None of the options The depreciation expense on the retirement date of the year 2020 is* $1,500 $4,50 $6,000 None of the options D The accumulated depreciation at the retirement date is $20.000 O $21.250 $23750 O None of the options The retirement entry of the equipment will include a O Debit of loss on disposal $3,750 O Credit loss on disposal $1,250 Debit loss on disposal $1,500 O None of the options Which of the below retirement dates for the equipment will not results in a loss on disposal 0 October 31, 2019 10 November 30, 2019 December 31, 2019 All the options