On January 1, 2017, ABC company purchases a car at a cash cost of 50,000 SAR with Sales taxes of 7,500 SAR. It is estimated that the car will have a useful life of 5 years and a residual value of 7,500. The gain on the disposal of the car knowing that it was sold for 8,000 on July 1, 2020 is

a- 3,000

b- 13,000

c- 1,750

d- 14,500

On July 1, 2017, ABC company purchases a machine at a cost of 200,000 SAR. It is estimated that the machine will have a useful life of 5 years. On March 1, 2019, ABC Company retires the machine. The loss on the disposal of plant asset is.

a- 133,333.333

b- 130,000

c- 20,000

d- 135,000