Before it matures, the price of any bond is always less than its face value

Cindy sells property and liability insurance. She is a salaried employee of the one company that she represents. Cindy is a(n):

(a) independent agent (b) general agent (c) exclusive agent (d) direct writer

A plant asset cost $27,000 when it was purchased on January 1, 2008. It was depreciated by the straight-line method based on a 9-year life with no salvage value. On June 30, 2015, the asset was discarded with no cash proceeds. What gain or loss should be recognized on the disposal?

A. No gain or loss B. $4,500 loss C. $3,000 gain D. $6,000 loss