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Equipment with an original cost of $79,579 and accumulated depreciation of $20,371 was sold at a loss of $7,575. As a result of this transaction,

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Equipment with an original cost of $79,579 and accumulated depreciation of $20,371 was sold at a loss of $7,575. As a result of this transaction, cash would Oa. decrease by $20,371 Ob. decrease by $7,575 Oc. increase by $51,633 Od. increase by $79,579

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