Kimmel, Financial Accounting, 9e Help I System Announcements CALCULATOR PRINTER VERstON BACK Multiple Choice Question 164 On July 1, 2022, Blossom Company sells machinery for $134000. The machinery originally cost $350000, had an estimated 5-year life and an expected salvage value of $50000. The Accumulated Depreciation account had a balance of $210000 on January 1, 2021, using the straight-line method. The gain or loss on disposal is O $12000 loss O $26000 gain. $24000 gain. O $26000 loss Click if you would like to Show Work for this question: Open Show Work SAVE FOR LATER SUBHIT ANSWER Question Attempts: 0 of 1 used 852 PM 11/18/2019 mere to search