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A fixed asset with a cost of $25,772.00 and accumulated depreciation of $23,194.80 is sold for $4,381.24. What is the amount of the galin or

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A fixed asset with a cost of $25,772.00 and accumulated depreciation of $23,194.80 is sold for $4,381.24. What is the amount of the galin or loss on asset? Select the correct answer. $2,577.20 loss ?S2.577.20 gain $1,804.04 loss 0$1,804.04 gain

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