Greenplanet Laboratories, Inc. equipment account, net of accumulated depreciation, increased by $36,000 during 2019. During the year, Greenplanet sold equipment for $18,000 realizing a gain of $5,000. Depreciation expense for the year was $6,000. All other changes in the equipment account came from cash purchases of equipment. Cash payments for newly acquired equipment totaled: $49,000 $55,000 $65,000 O $60,000