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A company had a tractor destroyed by fire. The tractor originally cost $125,000 with accumulated depreciation of $60.000 The proceeds from the insurance company were
A company had a tractor destroyed by fire. The tractor originally cost $125,000 with accumulated depreciation of $60.000 The proceeds from the insurance company were $20,000. The company should recognize Multiple Choice Again of $45.000 Again of $65.000 A loss of $45000 3)
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