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Equipment with an original cost of $69,344 and accumulated depreciation of $22,398 was sold at a loss of $5,011. As a result of this transaction,
Equipment with an original cost of $69,344 and accumulated depreciation of $22,398 was sold at a loss of $5,011. As a result of this transaction, cash would
a. decrease by $5,011
b. decrease by $22,398
c. increase by $41,935
d. increase by $69,344
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