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Lassen Corporation sold a machine to a machine dealer for $21,000. Lassen bought the machine for $79,750 and has claimed $35,000 of depreciation expense on

Lassen Corporation sold a machine to a machine dealer for $21,000. Lassen bought the machine for $79,750 and has claimed $35,000 of depreciation expense on the mchine. What gain or loss does Lassen realize on the transaction

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