Question: Blue Company sells a plant asset that originally cost $ 5 0 0 , 0 0 0 for $ 2 5 0 , 0 0

Blue Company sells a plant asset that originally cost $500,000 for $250,000 on December 31,2025. The accumulated depreciation account has a balance of $100,000. The company should recognize a
a. $350,000 gain on disposal.
b. $150,000 gain on disposal.
c. $150,000 loss on disposal.
d. $350,000 loss on disposal.
Blue Company sells a plant asset that originally

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