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Question 3 10 pts Your company had a bulldozer destroyed by fire. The bulldozer originally cost $575,000 with accumulated depreciation of $320,000. The proceeds from

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Question 3 10 pts Your company had a bulldozer destroyed by fire. The bulldozer originally cost $575,000 with accumulated depreciation of $320,000. The proceeds from the insurance company were $210,000. How much will Your Company recognize on this transaction? A loss of $110,000. A gain of $110,000. A loss of $ 45,000. A gain of $ 45,000

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