QUESTION 6 A company disposed of machinery which had a cost of 45,000 and accumulated depreciation to date of 30,000. The proceeds of the disposal were 10,000 What is the impact of this disposal on the Statement of Profit or loss? Recognise a loss of 5,000 Recognise a sale of 10,000 There is no impact on the Statement of Profit or Loss Recognise again of 10,000