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Concord has an old factory machine that cost $56,750. The machine has accumulated depreciation of $31,780. Concord has decided to sell the machine. a) what

Concord has an old factory machine that cost $56,750. The machine has accumulated depreciation of $31,780. Concord has decided to sell the machine. a) what entry would concord make to record the sale of the machine for $28,375 cash? B) what entry would concord make to record the sale of the machine for $17,025 cash?

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