A company sells a plant asset that originally cost $360,000 for $120,000 on December 31, 2021. The Accumulated Depreciation account had a balance of $144,000 after the current year's depreciation of $36,000 had been recorded. The company should recognize a O $240000 loss on disposal O $96000 gain on disposal O $96000 loss on disposal O $60000 loss on disposal