Question 5 28 February 2022. Equipment R20 000 Accumulated Depreciation R16 000 . Depreciation is calculated at 20% p. a. on a diminishing method. An old equipment was disposed for R1 500 cash on 1 December 2021. The equipment originally costed R3 000. The Accumulated depreciation for previous years is R700. The profit/loss for the disposed equipment is A. Profit/loss R455 B. Profit/loss R300 C. Profit/loss R92 D. Profit/loss R460.