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A fixed asset with a cost of $36,000 and accumulated depreciation of $32,400 is sold for $6,120. What is the amount of the gain or

A fixed asset with a cost of $36,000 and accumulated depreciation of $32,400 is sold for $6,120. What is the amount of the gain or loss on disposal of the fixed asset? a. $3,600 loss b. $2,520 loss C. $3,600 gain d. $2,520 gain

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