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JT Engineering originally paid $ 1 0 , 0 0 0 for a machine and recorded depreciation at a rate of $ 1 , 0
JT Engineering originally paid $ for a machine and recorded depreciation at a rate of $ per year for five years. They sold the machine in the middle of the sixth year for $ What is JTs amount of loss or gain on the sale?
$ loss
$ gain
$ loss
$ gain
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