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  3. a fixed asset with a cost of $26,289 and accumulat

A fixed asset with a cost of $26,289 and accumulated depreciation of $23,660.10 is sold...

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Accounting

A fixed asset with a cost of $26,289 and accumulated depreciation of $23,660.10 is sold for $4,469.13. What is the amount of the gain or loss on disposal of the fixed asset?
a. $1,840.23 loss
b. $1,840.23 gain
c. $2,628.90 gain
d. $2,628.90 loss

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