On December 31, 2018, Cee Corp. sells an asset that originally cost $300,000 for $75,000. The company recognized a loss on disposal of $25,000. What was the balance of the accumulated depreciation account after the current year's depreciation of $15,000 was recorded?

Question 35 options:

	$ 25,000 gain
	$ 25,000 loss
	$125,000 gain
	$125,000 loss