When an asset is sold, a loss is recognized when the

		sale price is less than the book value (cost accumulated depreciation) of the asset sold.
		sale price is less than the depreciable cost of the asset sold.
		sale price is less than the original cost of the asset sold.
		sale price is more than the book value (cost accumulated depreciation) of the asset sold.

Entity C purchased used equipment (a CT scanner) January 1, 2023 for $90,000. It was originally depreciated on a straight-line basis over three years with no salvage value. On December 31, 2024, before adjusting entries had been made, the company decided to change the remaining estimated useful life to 4 years (including 2024). What was the depreciation expense for 2024? Round to the nearest dollar if necessary.

		$15,000.
		$30,000.
		$7,500.
		$12,857.

Entity E does not account for sales taxes separately when making sales. The sales tax rate is 5%. If the total amount collected was $68,250, how much was the sales tax? Round to the nearest dollar if necessary.

		$65,000.
		$68,250.
		$3,413.
		$3,250

Need answers ASAP