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Perry Plants Company owned an asset that originally cost $24,000. The company sold the asset on Jantary 1,2005 , for $8,000 cash. Accumulated depreciation on

Perry Plants Company owned an asset that originally cost $24,000. The company sold the asset on Jantary 1,2005 , for $8,000 cash. Accumulated depreciation on the day of sale was $18.000. how much is the gain or loss Word Bank: Blank 1

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