On January 1, 2015, plant assets, net are $200,000. On December 31, 2015, plant assets, net are $300,000. Depreciation expense for the year is $20,000. During the year, plant assets were acquired for $150,000 with sset? ash. There is a Gain on Sale of Plant Asset of $10,000. What are the cash proceeds from the sale of the plant A) $30,000 B) $40,000 C) $60,000 D) $20,000