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Which of the following situations will result in recognizing a gain on sale of a plant asset? Multiple choice question. A fully depreciated asset is

Which of the following situations will result in recognizing a gain on sale of a plant asset?
Multiple choice question.
A fully depreciated asset is sold for $1,000.
An asset with a book value of $2,000 is sold for $1,500.
An asset that cost $5,000 with accumulated depreciation of $3,000 is sold for $1,500.
An asset with book value of $2,000 is sold for $2,000.
A fully depreciated asset is discarded.

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