Which depreciation methodology uses a set percent to depreciate the Property, Plant, and Equipment? Select one: a straight-line b. units-of-activity c. sum-of-year's-digits. d. None of these answer choices are correct. In 2017, Stallworth Corporation has plant equipment that originally cost $120,000 and has accumulated depreciation of $48,000. A new processing technique has rendered the equipment obsolete, so it is retired. Which of the following entries should Stallworth use to record the retirement of the equipment? Select one: O a. Loss on Disposal of Plant Assets 72,000 Equipment 72,000 b. Accumulated Depreciation - Equipment 48,000 Loss on Disposal of Plant Assets 72,000 Equipment 120,000 c. Loss on Disposal of Plant Assets 72,000 Accumulated Depreciation - Equipment d. Plant Equipment 120,000 Accumulated Depreciation - Equipment Loss on Disposal of Plant Assets 72,000 48,000 72,000