Question: On December 3 1 , 2 0 1 8 , a company sells a plant asset that originally cost $ 2 0 , 0 0

On December 31,2018, a company sells a plant asset that originally cost $20,000 and had accumulated depreciation of $16,000 for $6,000. The company should recognize a
Question 8Select one:
a.
$2,000 loss on disposal
b.
$2,000 gain on disposal
c.
$10,000 gain on disposal
d.
$10,000 loss on disposal

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