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1 ohar East Trading Company sold a land for $50,000 that had originally cost of $45,000 ased on the provided information which of the following

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1 ohar East Trading Company sold a land for $50,000 that had originally cost of $45,000 ased on the provided information which of the following is true? a. Sohar East Trading Company will record a loss of $5,000. b. Sohar East Trading Company will record again of $5,000. c. Sohar East Trading Company will record sales revenue of $45,000. d. None of the above

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