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Question 7 5 pts A plant asset with a cost of $240,000 and accumulated depreciation of $228,000 is sold for $28,000. What is the amount

Question 7 5 pts A plant asset with a cost of $240,000 and accumulated depreciation of $228,000 is sold for $28,000. What is the amount of the gain or loss on disposal of the plant asset? O $28.000 loss O $28,000 gain O $16,000 loss O $16.000 gain

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