Use the Following Information for Questions 63 Through 67

Multiple Choice

Use the following information for questions 63 through 67.
Financial statements for Kiner Company are given below: Total assets on the balance sheet at December 31, 2015 are $4,432,000. Accumulated deprecia-tion on the equipment sold was $224,000.
-When the equipment was sold, the Buildings and Equipment account received a credit of

A) $192,000.
B) $416,000.
C) $320,000.
D) $224,000.