x 31-Dec-2019 $ 31-Dec-2018 $ Equipment 125,000 100,000 Accumulated Depreciation $82,000 $60,000 A equipment with a cost of $14,000 was disposed during the year with sales proceeds of $(A) and gain on disposal of $2,000 No other disposal or retirement of Equipment during the year ended 31 December 2019. The total depreciation expense for year ended 31 December 2019 is $30,000 Additions of Equipment (Purchase of Equipment) for the year ended 31 December 2019 is $[B ** your answers should include numerals only, no dollar sign ('5") no comma .eg five thousand dollars should be input as 5000, otherwise, no marks will be awarded Specified Answer for A None Given Specified Answer for B None Given Correct Answers for: A Evaluation Method Correct Answer Case Sensitivity Exact Match 8000 Correct Answers for: Evaluation Method Correct Answer Case Sensitivity Exact Match 39000 Response Beginning Accumulated Depreciation/31 Dec 2018) - Disposal faccumulated depreciation) + Depreciation expenses = Ending Accumulated Feedback Depreciation (31 Dec 2019) Gain of disposal = Sale proceeds (cost-accumulated deprecation)....this accumulated depreciation is the Disposal (accumulated depreciation) Sales aceed) Gainon disposalecos accumulated depreciation