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A company sells a plant asset which originally cost $ 3 6 6 0 0 0 for $ 1 2 3 0 0 0 on

A company sells a plant asset which originally cost $366000 for $123000 on December 31,2021. The Accumulated Depreciation account had a balance of $144000 after the current year's depreciation of $31000 had been recorded. The company should recognize a
$68000 loss on disposal.
$99000 gain on disposal.
$243000 loss on disposal.
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