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BE An asset acquired January 1, 2021, for $15,000 with an estimated 10-year life and no residual value is being deprecated in on equipment group

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BE An asset acquired January 1, 2021, for $15,000 with an estimated 10-year life and no residual value is being deprecated in on equipment group asset account that has an average service te of eight years. The asset is sold on December 31, 2022, for $6,000. The entry to record the sale would be: Multiple Choice (cant Accumulated depreciation Equipo 16.000 59,000 $15,000 Canh Los on sale of equipment Equipment 09.000 $15.000 56.000 $3,750 Cash Accumulated depreciation Las on sale or erat Equipment $15.000 56,000 CAR Equipment $5.000

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