The major's office purchased equipment for $40,000 in 2018. The equipment, which has a $30,000 accumulated depreciation, is sold for a check of $15,000 in 2020. The governmental activities will record all entries below except:

Multiple Choice

• A credit to Other Financing Sources for $5,000.

• A credit to Equipment for $40,000.

• A debit to Cash for $15,000.

• A debit to Accumulated Depreciation for $30,000.