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Nicklaus Company has decided to sell one of its old machines on June 30, 2017 The machine was purchased for $200,000 on January 2013 and

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Nicklaus Company has decided to sell one of its old machines on June 30, 2017 The machine was purchased for $200,000 on January 2013 and was deprecated on a straight-line basis for 10 years with no salvage value. If the machine was sold for $55,000, what wos the amount of the gain or los recorded at the time of the sale? 0 a $55,000 O b. $135,000 . $115,000 od. $ 45,000

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