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Current Attempt in Progress A company sells a plant asset that originally cost $250000 for...

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Accounting

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Current Attempt in Progress A company sells a plant asset that originally cost $250000 for $10000 on December 31, 2022. The accumulated depreciation account had a balance of $100000 after the current year's depreciation of $25000 had been recorded. The company should recognize a O $210000 loss on disposal O $110000 gain on disposal. $85000 loss on disposal. O $110000 loss on disposal

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