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Hot Stone Creamery sold ice cream equipment for $14,800. Hot 5tone originally purchased the equipment for $87,000, and depreciation through the date of saie totaled

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Hot Stone Creamery sold ice cream equipment for $14,800. Hot 5tone originally purchased the equipment for $87,000, and depreciation through the date of saie totaled $69,500 Record the gain or loss on the sate of the equipment. (If no entry is required for a particular transaction/event, select "No Journat Entry Required " in the first account field.)

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