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In 2025, Sandhili Manufacturing Corporation has plant equipment that originally cost $185000 and has accumulated depreciation of $60000. A new processing technique has rendered the

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In 2025, Sandhili Manufacturing Corporation has plant equipment that originally cost $185000 and has accumulated depreciation of $60000. A new processing technique has rendered the equipment obsolete, so it is retired. Which of the following entries should the company use to record the retirement of the equipment

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