A compary sells a plant asset that originally cost $316000 for $113000 on December 31. 2025. The accumulated depreciation account had a balance of $139000 after the current year's depreciation of $43000 had been recorded. The company should recognize $64000 gain on disposal. \$203000 loss on disposal. $64000 loss on disposal. \$2.1000 loss on disposal. A company purchased factory equipment on June 1,2025 for $88900. It is estimated that the equipment will have an $14500 salvagi value at the end of its 10-vear useful life. Using the straight-line method of depreciation, the amount to be recorded as depreciation 54340 $3720 $3100 Equipment was purchased for $170000. Freight charges amounted to $5000 and there was a cost of $24000 for building a foundation and installing the equipment. It is estimated that the equipment will have a $32000 salvage value at the end of its 5 -year useful ifie. Depreciation expense each year using the straight-line method will be $27600.$33400$28200$39800 Blossom Retail Company purchased equipment on January 1 at a list price of $160000, with credit terms 210 . 1/30. Payment was made within the discount period. Blossom paid $3000 sales tax on the equipment and paid installation charges of $1600. Prior to installation, Blossom paid $3900 to pour a concreteslab on which to place the equipment. What is the total cost of the new equipment? $163000.$159100.$168500$165300. Suppose that Sandhill acquires land for $90000 cash. Additional costs are as follows. Sandhill will record the acquisition cost of the land as $90000.$93770.$94110.$91840. A company purchased land for $510000 cash. The real estate broker's commission was $36000 and $46000 was spent for demolishing an old building on the land before construction of a new building could start. The cost of land is $556000. $510000 $592000. $546000