The information below concerns a motor vehicle that was part-exchanged for a new vehicle during the year. cost of old vehicle $\$20000$ accumulated depreciation at the date of sale $\$8000$ profit on disposal $\$3000$ cost of new vehicle $\$25000$ The remaining amount due for the new vehicle was settled from the business bank account. How much was paid from the bank account?
- A$\$9000$
- B$\$10000$
- C$\$15000$
- D$\$20000$