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ANSWER IS NOT A!!! Norse Company acquired a new machine on January 1520X1. It sold the machine October 15202 incurring a $10,000 loss. what is

ANSWER IS NOT A!!!

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Norse Company acquired a new machine on January 1520X1. It sold the machine October 15202 incurring a $10,000 loss. what is the nature of the loss? capital loss ordinary loss inventory loss Section 1231 loss

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