A company sells a plant asset which originally cost 420,000 for $140,000 on December 31, 2014. The Accumulated Depreciation account had a balance of W168,000 after the current year's depreciation of 42,000 had been recorded. The company should recognize a a. W280,000 loss on disposal. b. X112,000 gain on disposal. c. V112,000 loss on disposal. d. X70,000 loss on disposal