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An asset which costs $37.000 and has accumulated depreciation of $12.400 is sold for $20,200. What amount of gain or loss will be recognized when

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An asset which costs $37.000 and has accumulated depreciation of $12.400 is sold for $20,200. What amount of gain or loss will be recognized when the asset is sold? O Again of $4.400 O Aloss of $4 400 O Again of $16,800 O A loss of $16.800

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