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Question 3 (5 points) An asset that cost $69,100 was sold for $23,400 cash. Accumulated depreciation on the asset was $41,850. The entry to record

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Question 3 (5 points) An asset that cost $69,100 was sold for $23,400 cash. Accumulated depreciation on the asset was $41,850. The entry to record this transaction includes the recognition of: neither a gain nor a loss. a loss of $3,850. a loss of $45,700 a gain of $3,850

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