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Blanket Corporation sold equipment for cash of $45,500. Accumulated depreciation on the sale date amounted to $39,000 and a loss of $1,900 was recognized on
Blanket Corporation sold equipment for cash of $45,500. Accumulated depreciation on the sale date amounted to $39,000 and a loss of $1,900 was recognized on the sale. What was the original cost of the asset?
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