Rachel had purchased a Van for her company, I am a photographer and not a dental hygienist Inc. she is doing business as CRAY. The van cost her $$100,000$ and has a useful life of $20$ years, it also has a salvage value of $$20,000$ at the end of its useful life. What is the Journal Entry when Rachel purchased the van? $($Purchased for Cash$)$

a$.$ Dr Van $$100,000$; Cr Cash $$100,000$

b$.$ Dr Equipment $$80,000$;$Cr$ Cash $$80,0A?$

c$.$ Dr Cash $$100,000$; Cr Van $$100,000$

d$.$ Dr Van $$80,000$; Cr Dividend $$80,000$