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A factory manager is evaluating a capital improvement on the assembly line. A presser was purchased at $75,000. Currently, the machine can be sold for

A factory manager is evaluating a capital improvement on the assembly line. A presser was purchased at $75,000. Currently, the machine can be sold for $52,000. What is the loss of resale value? $12,000 $23,000 $37,500 $67,000

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