An asset with a cost of $45,000 was sold for $9,500 and resulted in a gain of $2,000.How much was accumulated depreciation at the time of sale?
A)$39,500
B)$45,000
C)$37,500
D)$35,500

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The Answer of An asset with a cost of $45,000 was sold for $9,500 and resulted in a gain of $2,000.How much was accumulated depreciation at the time of sale?
A)$39,500
B)$45,000
C)$37,500
D)$35,500

An Asset with a Cost of $45,000 Was Sold for $9,500