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A truck that cost $71100 and on which $60400 of accumulated depreciation has been recorded was disposed of for $18100 cash. The entry to record

A truck that cost $71100 and on which $60400 of accumulated depreciation has been recorded was disposed of for $18100 cash. The entry to record this event would include a O loss of $7400. credit to Accumulated Depreciation for $60400. Ogain of $7400. O credit to the Equipment account for $10700

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