An Asset with an Original Cost of $75,000, a Residual

An asset with an original cost of $75,000, a residual value of $7,500 and a useful life of 5 years is given away without any consideration at the end of year five.The entry to record this is: $\begin{array} { l } \text { a dr. Accumulated amortization}\\\quad \text { dr. Loss on disposal}\\\quad\quad\quad\quad \text {cr. Capital asset}\\ \text { b. dr. Accumulated amortization}\\\quad\quad\quad\quad \text { cr. Gain on disposal}\\ \quad\quad\quad\quad\text { cr. Capital asset}\\ \text {c. dr. Capital asset }\\ \quad\quad\quad\quad\text { cr. Accumulated amortization}\\ \text {d. dr. Accumulated Amortization }\\ \quad\quad\quad\quad\text { cr. Capital Asset}\\\end{array}$