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A company sells a plant asset that originally cost $468000 for $109000 on December 31, 2022. The accumulated depreciation account had a balance of $234000

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A company sells a plant asset that originally cost $468000 for $109000 on December 31, 2022. The accumulated depreciation account had a balance of $234000 after the current year's depreciation of $39000 had been recorded. The company should recognize a $109000 loss on disposal. $109000 gain on disposal. O $125000 loss on disposal. $105000 gain on disposal

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