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Kolonas, Inc., sold equipment for S5.000 cash. The equipment oost S74 300 and had accumulated depreciation through the date of sae of STO 000 At

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Kolonas, Inc., sold equipment for S5.000 cash. The equipment oost S74 300 and had accumulated depreciation through the date of sae of STO 000 At the date of sale, oumalentry to necond the sale wa have O A. a Gain on Sale of Equipment for S700 O B, a Loss on Sale of Equipment for $700 O C. a Gain on Sale of Equipment for $5.000 O D, a Gain on Sale of Equipment for s4,300

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