A company sells a plant asset that originally cost $375,000 for $125,000 on December 31, 2022. The accumulated depreciation account had a balance of $150,000 after the current year's depreciation of $37,500 had been recorded. The company should recognize a $250,000 loss on disposal. $62,500 loss on disposal. O $100,000 loss on disposal. O $100,000 gain on disposal.