A company sells a plant asset which originally cost 630,000 for 210,000 on December 31, 2020. The Accumulated Depreciation account had a balance of 252,000 after the current year's depreciation of 63,000 had been recorded. The company should recognize a?

Select one alternative:

• 168,000 loss on disposal.
• 168,000 gain on disposal.
• 105,000 loss on disposal.
• 420,000 loss on disposal.