In 2022, Concord Corporation has plant equipment that originally cost $130000 and has accumulated depreciation of $58000. A new processing technique has rendered the equipment obsolete, so it is retired. Which of the following entries should Concord use to record the retirement of the equipment? Loss on Disposal of Plant Assets 72000     Equipment   72000 Plant Equipment 130000     Accumulated Depreciation - Equipment   58000   Loss on Disposal of Plant Assets   72000 Loss on Disposal of Plant Assets 72000     Accumulated Depreciation - Equipment   72000 Accumulated Depreciation - Equipment 58000   Loss on Disposal of Plant Assets 72000     Equipment   130000

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A:

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A:

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A:

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