In 2014, Blanchard Corporation Has Plant Equipment That Originally Cost

In 2014, Blanchard Corporation has plant equipment that originally cost $90,000 and has accumulated depreciation of $36,000. A new processing technique has rendered the equipment obsolete, so it is retired. Which of the following entries should Blanchard use to record the retirement of the equipment? $\begin{array}{lc}\text { a. Loss on Disposal of Plant Assets} & 54,000 \\\text {Equipment }& &54,000 \\ \\ \text { b. Accumulated Depreciation - Equipment } & 36,000 & \\\text { Loss on Disposal of Plant Assets } & 54,000 & \\\text {Equipment } & & 90,000 \\\\\text { c. Loss on Disposal of Plant Assets } & 54,000 & \\\text { Accumulated Depreciation - Equipment } & & 54,000 \\\\\text { d. Plant Equipment } & 90,000 & \\\text { Accumulated Depreciation - Equipment } & & 36,000 \\\text { Loss on Disnosal of Plant Assets } & & 54.000 \\ \end{array}$