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4 A company had a tractor destroyed by fire. The tractor originally cost $129,000 with accumulated depreciation of $63,600. The proceeds from the insurance company

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4 A company had a tractor destroyed by fire. The tractor originally cost $129,000 with accumulated depreciation of $63,600. The proceeds from the insurance company were $24,000. The company should recognize: 10 Multiple Choice points eBook O A loss of $41,400. Print O A gain of $41,400. O A gain of $65,400. O A loss of $65,400. A gain of $24,000

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