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71. A plant asset with a cost of $35,000 and accumulated depreciation of $17,000 is sold for $18,000, what is the amount of the gain

71. A plant asset with a cost of $35,000 and accumulated depreciation of $17,000 is sold for $18,000, what is the amount of the gain or loss on disposal of the fixed asset? 13 a. $18,000 loss b. $2,000 gain c. $18,000 gain d. $0

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