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3. when selling property plant and equipment for cash a the seller recognizes a gain or loss for the difference between the cash recieved and
3. when selling property plant and equipment for cash
a the seller recognizes a gain or loss for the difference between the cash recieved and the fair value of asset sold
b the seller recognizes a gain or los for the difference between the cash recived and the book value of the aset sold
c the seller recognizes losses but not gains
d none
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