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On December 31, Strike Company sold one of its batting cages for $238,085. The equipment had an original cost of $280,100 and has accumulated

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On December 31, Strike Company sold one of its batting cages for $238,085. The equipment had an original cost of $280,100 and has accumulated depreciation of $42,015. Depreciation has been recorded up to the end of the year. What is the amount of the gain or loss on this transaction? Oa. lace of $(42.015) Ob. gain of $56.020 Oc. no gain or loss Od. can't be determined with data provided

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