The following information is given for Building Inc.: As of 12/31 PP&E Accumulated Depreciation Depreciation Expense 2005 2004 $570,000 $530,000 $102,000 $92,000 $30,000 $32,000 During 2005 new assets were purchased for of $78,000, and plant assets were sold at a $10,000 loss. 40/What was the book value of the sold assets? A. $38,000 B. $18,000 C. $10,000 D. $8,000 41. What A. 38,00D B. 18,000 c. 1o, ouv D. 8,000 were the Cash Proceeds from the sale?