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A company sells a plant asset that originally cost $528000 for $194000 on December 31,2025 . The accumulated depreciation account had a balance of $264000

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A company sells a plant asset that originally cost $528000 for $194000 on December 31,2025 . The accumulated depreciation account had a balance of $264000 after the current year's depreciation of $44000 had been recorded. The company should recognize a $194000 loss on disposal. $50000 gain on disposal. $70000 loss on disposal. $194000 gain on disposal

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