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Question 41 (2.5 points) A company sells a plant asset which originally cost $180,000 for $60,000 on December 31, 2008. The Accumulated Depreciation account had

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Question 41 (2.5 points) A company sells a plant asset which originally cost $180,000 for $60,000 on December 31, 2008. The Accumulated Depreciation account had a balance of $72,000 after the current year's depreciation of $18,000 had been recorded. The company should recognize a a) $48,000 loss on disposal. Ob) $48,000 gain on disposal. Oc) $30,000 loss on disposal. O d) $120,000 loss on disposal

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