The information below concerns non-current assets: net book value at 31 December 2016: $42000$ net book value at 31 December 2017: $34000$ assets purchased: $8700$ cash received from assets sold: $7900$ depreciation charge for 2017: $9500$ What was the profit or loss on the disposal of non-current assets sold during the year?
- Aloss $700$
- Bloss $900$
- Cprofit $700$
- Dprofit $900$