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a company sells an asset that originally cost $425000 for $125000 on December 31 2020. the accumulated depreciation account had a balance of $170000 after
a company sells an asset that originally cost $425000 for $125000 on December 31 2020. the accumulated depreciation account had a balance of $170000 after the current year's depreciation of $42500 had been recorded. what amount of gain or loss should the company recognize upon the disposal of the asset?
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