A company sells a plant asset that originally cost $$360,000$ for $$120,000$ on December $31,2025.$ The accumulated depreciation account had a balance of $$180,000$ after the current year's depreciation of $$30,000$ had been recorded. The company should recognize a

A$)$ $$60,000$ loss on disposal.

B$)$ $$120,000$ gain on disposal.

C$)$ $$40,000$ gain on disposal.

D$)$ $$120,000$ loss on disposal.