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An exotic car company sold its fleet of electric cars for $55,000. The electric cars had originally cost $1,410.000 and had accumulated depreciation of 1,200,000

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An exotic car company sold its fleet of electric cars for $55,000. The electric cars had originally cost $1,410.000 and had accumulated depreciation of 1,200,000 through the date of disposal Whatgan or loss did the car company record when it sold the feet of electric cars? a loss of $55.000 b. Loss of 586,000 Gain of 586.000 d. Gain of $55.000

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