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On December 31, Strike Company sold one of its batting cages for $25,600. The equipment had an original cost of $256,000 and has accumulated depreciation

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On December 31, Strike Company sold one of its batting cages for $25,600. The equipment had an original cost of $256,000 and has accumulated depreciation of $230,400. Depreciation has been recorded up to the end of the year. What is the amount of the gain or loss on this transaction? Oa. Gain of $25,600 Ob. Gain of $460,800 Oc. no gain or loss Od. cannot be determined

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