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An asset's book value is $18.300 on June 30. Year 6. The set is being deprecated at an annual rate of $3.300 on the straight-line

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An asset's book value is $18.300 on June 30. Year 6. The set is being deprecated at an annual rate of $3.300 on the straight-line method. Assuming the asset is sold on December 31 Year 7 for $15.300 the company should record O A gain on sale of $1.950. O Neither again nor a loss is recognized on this type of transaction A loss on sale of $1.950. O Aloss on sale of $3,600. O A gain on sale of $3,600

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