On 1 July, 2013, Liverpool Ltd sold an item of Machinery to Barcelona Ltd for $120000. This item had cost Alma Ltd $ 80000. This item had a future 8 years life And tax rate was 30%. If the Machinery was sold to external party on 1/1/2015, which of the following represent the adjustments made by Liverpool Ltd regarding this transaction for the current year only (step four) at 30/6/2015.

Select one:

a. realised gain from selling Machinery 24500 realised gain via depreciation 3500

b. realised gain from selling Machinery 22750 realised gain via depreciation 1750

c. realised gain from selling Machinery 24500 realised gain via depreciation 1750

d. realised gain from selling Machinery 24500