In 2014, Concord Corporation has plant equipment that originally cost $130000 and has accumulated depreciation of $58000. A new processing technique has rendered the equipment obsolete, so it is retired. Which of the following entries should Concord use to record the retirement of the equipment? Loss on Disposal of Plant Assets 72000 Accumulated Depreciation Equipment 72000 72000 Loss on Disposal of Plant Assets Equipment 72000 Plant Equipment Accumulated Depreciation - Equipment Loss on Ouposal of Plant Assets 58000 72000 Accumulated Depreciation Equipment 58000 Loss on Disposal of Plant Assets 72000 Equipment 130000