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Current Attempt in Progress A company sells a plant asset that originally cost $600000 for $255000 on December 31, 2022. The accumulated depreciation account had

Current Attempt in Progress A company sells a plant asset that originally cost $600000 for $255000 on December 31, 2022. The accumulated depreciation account had a balance of $240000 after the current year's depreciation of $60000 had been recorded. The company should recognize a $345000 loss on disposal. $105000 gain on disposal. $45000 loss on disposal $105000 loss on disposal

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