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Calculator A fixed asset with a cost of $35,000 and accumulated depreciation of $31,500 is sold for $5,950. What is the amount of the gain

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Calculator A fixed asset with a cost of $35,000 and accumulated depreciation of $31,500 is sold for $5,950. What is the amount of the gain or loss on disposal of the fixed asset? O$2,450 gain $2,450 loss O$3,500 loss $ 3,500 gain

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