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A copy machine cost $37,000 when new and has accumulated depreciation of $31,000 . Suppose ABC Printing discards this machine and receives nothing. What is
A copy machine cost
$37,000
when new and has accumulated depreciation of
$31,000
. Suppose ABC Printing discards this machine and receives nothing. What is the result of the disposal transaction?\ A. No gain or loss\ B. Loss of
$6,000
\ C. Loss of
$41,000
\ D. Gain of
$6,000
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