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Equipment with an original cost of $78,183 and accumulated depreciation of $21,552 was sold at a loss of $5,608. As a result of this transaction,
Equipment with an original cost of $78,183 and accumulated depreciation of $21,552 was sold at a loss of $5,608. As a result of this transaction, cash would
a.increase by $78,183
b.decrease by $21,552
c.increase by $51,023
d.decrease by $5,608
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