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Equipment with an original cost of $51,422 and accumulated depreciation of $33,306 was sold at a loss of $5,155. As a result of this transaction,
Equipment with an original cost of $51,422 and accumulated depreciation of $33,306 was sold at a loss of $5,155. As a result of this transaction, cash would
a.increase by $12,961
b.increase by $51,422
c.decrease by $5,155
d.decrease by $33,306
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