Question 53 of 87 - 12.5 Viewing Questior View Policies Current Attempt in Progress A company sells a plant asset that originally cost $250000 for $40000 on December 31, 2022. The accumulated depreciation account had a balance of $100000 after the current year's depreciation of $25000 had been recorded. The company should recognize a Questior Multiplino Questio Murile Questio Multiple O $110000 gain on disposal. $210000 loss on disposal. O $85000 loss on disposal. - 5110000 loss on disposal. Questio Multiple Questi Multiple Attempts: 0 of 1 used Submit Answer Save for Later Last saved 16 seconds ago, Saved work will be auto-submitted on the due Questie Mite date Questi Multiple Questi Multiple Questi Multiple Quest 9 Mace