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Prinkle Corporation purchased equipment for $58,000 on January 1, 2016 On December 31, 2018 the equipment was sold for 524.000. Accumulated Depreciation as of December

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Prinkle Corporation purchased equipment for $58,000 on January 1, 2016 On December 31, 2018 the equipment was sold for 524.000. Accumulated Depreciation as of December 31, 2018 W 3 000 Calculul gain or loss on the sale O A 533.000 loss OB 51,000 loss OC 51.000 gain Dno gan no less reto Oe La .. .. . .. .. . . Pe m 2 W ER s DFG B ) N _ W _ Corel Sales sold sold office furniture for $8.500. The original cost was $19,000, and at the time of sale, accumulated depreciation was $13,000 What is the effect of this transaction? A loss of $2,500 O B gain of 58,500 OC loss of $8.500 OD gain of $2,500 Click to select your answer e to search OLE 3 E R

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