The balance in the equipment account was R100 000 on 01 January 2022. Equipment, with a cost price of R30 000 and updated accumulated depreciation of R24 000, is planned to be sold during June 2022 for R5 000. New equipment with a cost price of R50 000 will be purchased on 30 June 2022 to replace it. The total depreciation on equipment for 2022 is estimated to be R25 000 . How much will the carrying value of equipment be in the pro forma statement of financial position on 31 December 2022 ? A. R119000 B. R95000 C. R124000 D. R120000