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Garcia Corporation owns equipment with a cost of $100,000. The accumulated depreciation related to said equipment is $50,000. Please record the sale of the equipment

Garcia Corporation owns equipment with a cost of $100,000. The accumulated depreciation related to said equipment is $50,000. Please record the sale of the equipment under the three following scenarios: (A) sold for $48,000 cash, (B) Sold for 52,000 cash, (C) sold for 50,000 cash.

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