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A company sold a tractor that originally cost $85,000 for $20,000 cash. The accumulated depreciation on the tractor was $60,000. The company should recognize Multiple

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A company sold a tractor that originally cost $85,000 for $20,000 cash. The accumulated depreciation on the tractor was $60,000. The company should recognize Multiple Choice 20 Again of $5,000 A loss of $5,000 O Again of $65.000 A loss of $20,000 Again of $20,000

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