Fireworks City Information for 2012 and 2011 Is Presented Below

Fireworks City Information for 2012 and 2011 is presented below for this company which uses the straight-line depreciation method.
$\begin{array}{l}\begin{array}{lll}\\\text { Property, plant and equipment }\\\text { Accumulated depreciation }\\\text {Depreciation expense }\\\text {Net sales }\\\text { Total assets }\\\end{array}\begin{array}{lll} \underline{ 2012 }& \underline{ 2011 } \\ { \$750,000 } & { \$ 190,000 } \\100,000 & 85,000 \\ 62,500 & 47,500 \\ 1,000,000 & 900,000 \\ 625,000 & 475,000\end{array}\end{array}$
-Refer to Fireworks City.During the year,the company sold some equipment that had an original cost of $60,000.Which statement is true concerning transactions that must have occurred during the period?

A) The company purchased additional equipment during the year.
B) The selling price of the equipment sold was reported with net sales.
C) The company did not purchase additional equipment during the year.
D) The equipment sold had not been reported with the company's property,plant and equipment.