A company sells a plant asset which originally cost $366000 for $123000 on December 31, 2021. The Accumulated Depreciation account had a balance of $144000 after the current year's depreciation of $31000 had been recorded. The company should recognize a O $99000 gain on disposal. O $68000 loss on disposal. O $99000 loss on disposal. O $243000 loss on disposal.
