When a firm disposes of a capital asset, the difference between the net book value of the asset and the sale proceeds is: Select one: a. A special gain or loss b. An ordinary gain or loss c. A gain or...

When a firm disposes of a capital asset, the difference between the net book value of the asset and the sale proceeds is:

Select one:

a. A special gain or loss

b. An ordinary gain or loss

c. A gain or loss from a discontinued operation

d. A gain or loss from a prior period

e. None of the aboe

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