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Question 1 of 10 -/1 View Policies Current Attempt in Progress On July 1, 2022, Crane Company sells machinery for $141000. The machinery originally cost
Question 1 of 10 -/1 View Policies Current Attempt in Progress On July 1, 2022, Crane Company sells machinery for $141000. The machinery originally cost $360000, had an estimated 5-year life and an expected salvage value of $60000. The Accumulated Depreciation account had a balance of $210000 on January 1, 2021, using the straight-line method. The gain or loss on disposal is $9000 loss. $21000 gain. $10500 loss. $9000 gain. e Textbook and Media Save for Later Attempts: 0 of 3 used Submit
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