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A plant asset with a cost of $590000 and accumulated depreciation of $569000 is sold for $54000. What is the amount of the gain or

A plant asset with a cost of $590000 and accumulated depreciation of $569000 is sold for $54000. What is the amount of the gain or loss on disposal of the plant asset? $54000 gain. $33000 gain. $54000 loss $33000 loss

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