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A fixed asset with a cost of $25,954 and accumulated depreciation of $23,358.60 is sold for $4,412.18. What is the amount of the gain

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A fixed asset with a cost of $25,954 and accumulated depreciation of $23,358.60 is sold for $4,412.18. What is the amount of the gain or loss on disposal of the fixed- asset? O $1,16.7 low Ob. $2.595.40 in O $2,595.40 Od $1.316.76 gain

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