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If an asset has a $0 book value, and that asset is sold for cash, which of the following is true? Select one: a. In

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If an asset has a $0 book value, and that asset is sold for cash, which of the following is true? Select one: a. In order to answer this question - you would need to know the original cost of the asset to determine whether there was a gain or loss b. In order to answer this question - you would need to know the amount of accumulated depreciation on the asset to determine whether there was a gain or loss C. The asset will always sell at a gain d. The asset will always sell at a loss

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