please do both questions in 30 minutes please urgently... I'll give you up thumb definitely

Question 52 of 56 -/4 = 1 View Policies Current Attempt in Progress A company sells a plant asset that originally cost $576000 for $223000 on December 31, 2022. The accumulated depreciation account had a balance of $288000 after the current year's depreciation of $48000 had been recorded. The company should recognize a O $223000 loss on disposal. O $45000 gain on disposal. O $65000 loss on disposal. O $223000 gain on disposal. Attempts: 0 of 1 used Submit Answer Save for Later Question 53 of 56 View Policies Current Attempt in Progress Financial information is presented below: $ Operating expenses 46000 Sales returns and 14000 allowances Sales discounts 2000 Sales revenue 154000 Cost of goods sold 94000 Gross profit would be O $58000. O $46000. O $60000. O $44000