a company sells a plant assets that originally cosr 3000,000 for 110,000 on December 31st 2012 rhe accumulated depreciation account had a balance of 120,000 after tte cure t tears depreciation of 30,000 had been recorded thr company should recognize a

1) 80,000 loss on disposal

2) 70,000 gsin on disposal

3) 190,000 loss on disposal

4) 70,000 loss on disposal