Use the information below to answer the questions that follow. Enter your answers using digits only - no dollar signs, commas, or decimal points. The business's year-end is December 31. Cost of equipment = 90000 Useful life in years = 6 Residual value = 0 Date purchased = May 1, 2021 Date of disposal = June 30, 2023 Cash received on disposal = 60000 What is the accumulated depreciation on the date of the disposal? A What is the book value of the equipment on the date of the disposal? A/ What is the amount of the gain or loss on the disposal? If a loss, start your answer with a - sign.

Use the information below to answer the questions that follow. Enter your answers using digits only - no dollar signs, commas, or decimal points. The business's year-end is December 31. - Cost of equipment =90000 - Useful life in years =6 - Residual value =0 - Date purchased = May 1, 2021 - Date of disposal = June 30,2023 - Cash received on disposal =60000 What is the accumulated depreciation on the date of the disposal? A What is the book value of the equipment on the date of the disposal? A. What is the amount of the gain or loss on the disposal? If a loss, start your answer with a - sign. A