A plant asset with a cost of $300,000 and accumulated depreciation of $285,000 iss gain or loss on disposal of the plant asset? $20,000 gain $35,000 gain $20,000 loss $35,000 loss Question 12 Which of the following methods will result in the highest depreciation in the first 3.25 pt ed depreciation of $285,000 is sold for $35,000. What is the amount of the