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  3. a plant asset with a cost of $490000 and accumulat

A plant asset with a cost of $490000 and accumulated depreciation of $452000 is sold...

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Accounting

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A plant asset with a cost of $490000 and accumulated depreciation of $452000 is sold for $70000. What is the amount of the gain or loss on disposal of the plant asset? O $32000 gain. O $32000 loss. O $70000 gain. O $70000 loss

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