o $126,000. O $60,480. QUESTION 7 A company sells a plant asset which originally cost $210,000 for $70,000 on December 31, 2014. The Accumulated Depreciation account had a balance of $84,000 after the current year's depreciation of $21,000 had been recorded. The company should recognize a O $140,000 loss. $56,000 gain. $56,000 loss. $35,000 loss. QUESTION 8 Cliek Save and Submit to