These are extracts from the balance sheets of Mitchell Ltd: 30 June 2013 2014 Plant $10 000 $15 000 Accumulated depreciation - plant 4000 5 000 The income statement for the year ended 30 June 2014 shows: Depreciation expense plant 1500 Proceeds from the sale of plant 1600 Carrying value of plant sold 2500 During the year Mitchell Ltd sold plant that had cost $3,000. The accumulated depreciation on the plant sold by Mitchell Ltd during year is: Select one: O a. $4000 O b. $1500 O C. $2500 O d. $500