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Bramble Company has decided to sell one of its old machines on June 30,2027 . The machine was purchased for $232000 on January 1,2023 ,

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Bramble Company has decided to sell one of its old machines on June 30,2027 . The machine was purchased for $232000 on January 1,2023 , and was depreciated on a straight-fine basis for 10 years with no salvage value. If the machine was sold for $61000, what was the arnount of the gain or loss recorded at the time of the sale? $171000. $66600. $63800. $147800

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