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A vehicle purchased for $ 7 5 , 0 0 0 has depreciated $ 3 5 , 0 3 9 as of Janurary 1 of

A vehicle purchased for $

75, 000

has depreciated $

35, 039

as of Janurary

1

of this year. The vehicle is sold Januray

1

for for $

41, 932 .

What is the gain or loss on this sale?

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