Noty Marked out of 1.00 On July 1, 2011, Mazaya Company sells equipment for R.0.66,000. The equipment originally cost R0.180,000, had an estimated 5- year life and an expected residual value of R0.30,000. The accumulated depreciation account had a balance of R0.123,000 on July 1, 2011, using the straight-line method. The gain or loss on disposal is Select one a. R.0.6,000 loss b. R.0.9,000 gain .C.R.O.6,000 gain d. R.0.9,000 loss CLEAR MY CHOICE Not yet answered Marked out of 1.00 12 Jy