7. A county government sold two of its emergency vehicles for a total of $35,000. The vehicles had a collective net book value of $46,000 (total original cost = $150,000; accumulated depreciation = $104,000). The entry that would be made in the General Fund at the time of the transaction would be Debit Credit a. Cash Capital Contribution $35,000 $35,000 b. Cash Other Financing Sources – Sale of Capital Assets $35,000 $35,000 c. Cash Accumulated Depreciation Loss on Sale of Capital Assets Capital Assets – Vehicles $35,000 104,000 11,000 $150,000 d. Cash Loss on Sale of Capital Assets Other Financing Sources – Sale of Capital Assets $35,000 11,000 $46,000