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A fixed asset with a cost of $ 3 0 , 0 0 0 and accumulated depreciation of $ 2 8 , 5 0 0

A fixed asset with a cost of $30,000 and accumulated depreciation of $28,500 is sold for $3,500. What is the amount of the gain or ioss on disposal the fix
a. $1,500 loss
b. $3,500 gain
c. $2,000 gain
d. $2,000 loss
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