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19. On January 1, 2012, Voss Company purchased equipment for $86,000. Voss uses straight-line depreciation and estimates an eight-year useful life and a $6,000 residual

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19. On January 1, 2012, Voss Company purchased equipment for $86,000. Voss uses straight-line depreciation and estimates an eight-year useful life and a $6,000 residual value. On December 31, 2016, Voss sells the equipment for $30,000. In recording this sale, Voss should reflect A) A $3,000 loss B) A $12,000 loss C) A $6,000 loss D) No gain or loss

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