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13.09 ill 4G 4 < Chapter 9-Investments: Property, Pl... 5/14 5.Multiple-Choice(5 Points) Medium Sheet A company sold a machine that originally cost $100,000 for
13.09 ill 4G 4 < Chapter 9-Investments: Property, Pl... 5/14 5.Multiple-Choice(5 Points) Medium Sheet A company sold a machine that originally cost $100,000 for $60,000 cash. The accumulated depreciation on the machine was $40,000. The company should recognize a: A $0 gain or loss. B $20,000 gain. C $20,000 loss. D $40,000 loss. next
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