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An asset that costs $97,600 and has accumulated depreciation of $82,000 is sold for $18,000. What amount of gain or loss will be recognized when

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An asset that costs $97,600 and has accumulated depreciation of $82,000 is sold for $18,000. What amount of gain or loss will be recognized when the asset is sold? A. A gain of $2,400 B. A loss of $2,400. OC. A gain of $15,600. D. A loss of $15,600

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