+8 Une 3 Review and Exam-ACC101 W-INTRODUC NWP Asset Builder Ur Aication NWP Assessment Player App UNIT 3 EXAM On y 2014 Pached The Copy 01:45:30 Question 19 of 31 -13: View Policies Current Attempt in Progress A plant asset cost $91800 when it was purchased on January 1, 2014. It was depreciated by the straight-line method based on a 9-year life with no salvage value. On June 30, 2021, the asset was discarded with no cash proceeds. What gain or loss should be recognized on the retirement? No gain or loss $20400 loss. $15300 loss. $10200 gain Save for Later Attempts: 0 of 1 used Submit Answer