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A copy machine cost $43,000 when new and has accumulated depreciation of $26,000. Suppose Johnson Printing sold the machine for $17,000. What is the result

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A copy machine cost $43,000 when new and has accumulated depreciation of $26,000. Suppose Johnson Printing sold the machine for $17,000. What is the result of this disposal transaction? OA. O B. C. 0 D. Gain of $17,000 Loss of $26,000 Loss of $17,000 No gain or loss

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