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Multiple Choice Question 147 A company sells a plant asset that originally cost $575000 for $240000 on December 31, 2022. The accumulated depreciation account had
Multiple Choice Question 147 A company sells a plant asset that originally cost $575000 for $240000 on December 31, 2022. The accumulated depreciation account had a balance of $230000 after the current year's depreciation of $57500 had been recorded. The company should recognize a $335000 loss on disposal. $105000 gain on disposal. $105000 loss on disposal. $47500 loss on disposal. Click if you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 1 used i SUBMIT
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