Please answer question 9 as I am not sure if C is the right answer ...explain the answer.......

fident that the n h and developme $50,000 spending `Decrease Rever rease Assets. 9) ABC purchased a computer that cost $10,000. It had an estimated useful life of 5 years and no residual value. The computer was depreciated by the straight-line method and was sold at the end of the second year of use for $5,000 cash. ABC should record: A) neither a gain nor a loss - the gain that occurred in this case would not be recognized. B) a gain of $1,000. a loss of $1,000. D) neither a gain nor a loss - the computer was sold at its book value. 10) In Cash Flow reporting Accounts Receivable is measured at A) Benefit Value B) SO C) It depends on the measuring system D) Sacrifice Value 1 1 ) For a journal entry with only two lines, the following entry is valid: Decrease in Revenue, Decrease in Expense. A) True B) False 12) Can a firm earn 36% risk free