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Question 26 (4 points) LEG Landscaping purchased a Z-mower on January 1, 2021 with a cost of $8,500. The current book value is $2,500. On
Question 26 (4 points) LEG Landscaping purchased a Z-mower on January 1, 2021 with a cost of $8,500. The current book value is $2,500. On January 1, 2023, it is sold for $1,750. Is there a loss or gain on disposal of asset, if so, how much? a) $750 Gain b) $750 Loss c) $4,250 Gain d) $4,250 Loss
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