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A company sold a machine that had accumulated depreciation of $56,000 and a salvage value of $6,000. If the machine sold for $18,000 and a

A company sold a machine that had accumulated depreciation of $56,000 and a salvage value of $6,000. If the machine sold for $18,000 and a loss of $4,000 is recognized, the original cost of the asset is

Select one:

A. $64,000.

B. $84,000.

C. $76,000.

D. $78,000.

E. $70,000.

F. $72,000.

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