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Flint company has an old factory machine that cost $61,750. The machine has accumulated depreciation of $34,580. Flint has decided to sell the machine. (a)

Flint company has an old factory machine that cost $61,750. The machine has accumulated depreciation of $34,580. Flint has decided to sell the machine. (a) Prepare a tabular summary to record the sale of the machine for $30,875 cash. (b) Prepare a tabular summary to record the sale of the machine for $18,525 cash

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