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A plant asset with a cost of $90,000 and accumulated depreciation of $85,500 is sold for $10,500. What is the amount of the gain or

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A plant asset with a cost of $90,000 and accumulated depreciation of $85,500 is sold for $10,500. What is the amount of the gain or loss on disposal of the plant asset? $6,000 loss $15.000 gain $10.500 loss $6,000 gain 510,500 gain

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