Golden Goose Corp.has a piece of equipment, which is being held for sale, and has a carrying value of $100,000.When the decision to sell had been made, the equipment had been written down from a carrying value of $180,000.At December 31, 2017, it is estimated that the fair value less disposal costs (net realizable value)is $130,000.For the calendar year 2017, Golden Goose should recognize a recovery (gain)of
A)$0.
B)$30,000.
C)$50,000.
D)$80,000.

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The Answer of Golden Goose Corp.has a piece of equipment, which is being held for sale, and has a carrying value of $100,000.When the decision to sell had been made, the equipment had been written down from a carrying value of $180,000.At December 31, 2017, it is estimated that the fair value less disposal costs (net realizable value)is $130,000.For the calendar year 2017, Golden Goose should recognize a recovery (gain)of
A)$0.
B)$30,000.
C)$50,000.
D)$80,000.