If Crane Company uses the composite method and its composite rate is 7.5% per year, what entry should it make when plant assets that originally cost $124000 and have been used for 10 years are sold for $32000? O Cash 32000 Plant Assets 32000 Cash 32000 Loss on Sale of Plant Assets 92000 Plant Assets 124000 Cash 32000 93000 Accumulated Depreciation - Plant Assets Plant Assets 124000 Gain on Sale of Plant Assets 1000 O Cash 32000 92000 Accumulated Depreciation - Plant Assets Plant Assets 124000