Question 35 (1 point) Saved A long-term note secured by collateral maybe referred to as a premium debenture. mortgage. bond. Previous Page Next Page Page 35 c Question 20 (1 point) Saved If a loss of $20,000 is incurred in selling (for cash) office equipment that cost $90,000 and had accumulated depreciation of $22,500, then the actual cash proceeds must have been $70,000. $67,500. $47,500. $70,000. Previous Page Next Page Page 20 of 50