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A company sold equipment that originally cost $140,000 for $112,000 cash. The accumulated depreciation on the equipment was $28,000. The company should recognize a: Multiple

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A company sold equipment that originally cost $140,000 for $112,000 cash. The accumulated depreciation on the equipment was $28,000. The company should recognize a: Multiple Choice 0 $0 gain or loss. $14,000 gain. O $14,000 loss. o $28,000 loss. o o $112,000 gain

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