?An asset that cost $$80,000$ ?and has accumulated depreciation of $$60,000$ ?is sold for $$12,000.$ ?The journal entry would include a

Group of answer choices

debit to Loss on Disposal of Plant Assets of $$20,000.$

credit to Accumulated Depreciation for $$60,000.$

debit to Loss on Disposal of Plant Assets of $$8,000.$

credit to Gain on Disposal of Plant Assets of $$8,000.$