In 2016, Bunch Foundry acquired a piece of equipment for $82,000. in 2022, the bunch sold the equipment for $13,400 in cash. at the date of sale, the accumulated depreciation on the equipment was $65,300. how should the bunch record the sale?
A. debit credit cash 13,400 gain on sale of equipment 3,300 Equipment 16,700
B. debit credit cash 13,400 accumulated depreciation 65,300 loss on sale 3,300 equipment 82,000
C. debit credit cash 13,400 loss on sale of equipment 3,300 Equipment 16,700
D. debit credit equipment sales 13,400 equipment 82,000 accumulated depreciation - equipment 65,300 gain on sale of equipment 30,100