Equipment with a Historical Cost of $70,000 and Accumulated Depreciation

Equipment with a historical cost of $70,000 and Accumulated Depreciation of $70,000 is junked. Which journal entry is necessary?

A) debit Equipment for $70,000 and credit Accumulated Depreciation - Equipment for $70,000
B) debit Cash for $70,000 and credit Equipment for $70,000
C) debit Equipment for $70,000 and credit Cash for $70,000
D) debit Accumulated Depreciation - Equipment for $70,000 and credit Equipment for $70,000