VF Corporation's schedule of depreciable assets at December 31, Year 3, is shown below
VF takes a full year's depreciation expense in the year of an asset's acquisition and no depreciation expense
in the year of an asset's disposition. The estimated useful life of each depreciable asset is 5 years.
		Accumulated	Acquisition	Salvage
Asset	Cost	Depreciation	Date	Value
A	$100,000	64000	Year 2	$20,000
B	55,000	36,000	Year 1	10,000
C	70,000	33,600	Year 1	14,000
	$225,000	$133,600		$44,000
VF depreciates asset C and A by the straight-line method. On June 30, Year 4, Vorst sold asset C
for $30,000 cash. On July 30, Year 4, VF throws Asset A away as it is no longer working and
no buyer could be located for the asset.
A. Present the journal entry for the sale of Asset C
B. Present the journal entry for the disposal of Asset A
C. How much would Asset A need to be sold for to break even, with no gain or loss?