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Awni company purchased a new machine on May 2010 for $44.000. At the time of acquisition, the machine was estimated to have a useful life

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Awni company purchased a new machine on May 2010 for $44.000. At the time of acquisition, the machine was estimated to have a useful life of ten years and an estimated salvage value of 62,000. The company has recorded monthly depreciation using the straight-line method On March 2016, the machine won sold for Co.000. What should be the loss recognized from the sale of the machine

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