On June 30, 2016, Wasser, Inc. sold some used equipment for $120,000. The equipment had been purchased several years ago for $260,000. Wasser, Inc, properly recorded a $28,000 gain on the sale. The accumulated depreciation on the equipment at the date of sale was: O A $136,000 OB. $168,000 OC. $128,000 OD. $ 88,000