A plant asset with a cost of $360000 and accumulateddepreciation of $342000 is s

A plant asset with a cost of $360000 and accumulateddepreciation of $342000 is sold for $42000. What is the amount ofthe gain or loss on disposal of the plant asset? (Points : 1) $42000 loss. $24000 loss. $24000 gain. $42000 gain.