On December 31, Strike Company has decided to discard one of its batting cages. The equipment had an initial cost of $245,585 and has accumulated depreciation of $221,026.50. Depreciation has been recorded up to the end of the year. Which of the following will be included in the entry to record the disposal? O a. Equipment, credit, $245,585 b. Accumulated Depreciation, debit, $245,585 c. Loss on Disposal of Asset, debit, $221,026.50 d. Gain on Disposal of Asset, credit, $24,558.50