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A company purchased a computer that cost $10,000. It had an estimated useful life of five years and no residual value. The computer was depreciated

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A company purchased a computer that cost $10,000. It had an estimated useful life of five years and no residual value. The computer was depreciated by the straight-line method and was sold at the end of the fourth year of use for $3,000 cash. The company should record: Multiple Choice 0 nether again not a loss the gain that occurred in gain that occured in this car d not be recognized O again of S1000 O loss of $1,000 ) neither again nor a loss the computer was sold at its book value

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