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Flounder Company has an old factory machine that cost $65,750. The machine has accumulated depreciation of $36,820. Flounder has decided to sell the machine. (Credit

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Flounder Company has an old factory machine that cost $65,750. The machine has accumulated depreciation of $36,820. Flounder has decided to sell the machine. (Credit account titles are outomatically indented when amount is entered, Do inot indent manutity, If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts) (a) What entry would Flounder make to record the sale of the machine for $32.875 cash? (b) What entry would Flounder make to record the sale of the machine for $19725 eash

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