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On 6/15/22, a company purchases a machine for $10,000. Depreciation is straight-line, using a half-month convention. This machine has a useful life of 3 years.

On 6/15/22, a company purchases a machine for $10,000. Depreciation is straight-line, using a half-month convention. This machine has a useful life of 3 years. On 11/28/22, the company sells the machine for $8,000. What is the entry upon sale of the machine?*

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