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Question 6 Your answer is correct. Smith Company just sold a machine for $9,000. The machine originally cost $22,000 and had accumulated depreciation of $14,000.

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Question 6 Your answer is correct. Smith Company just sold a machine for $9,000. The machine originally cost $22,000 and had accumulated depreciation of $14,000. The gain or loss on disposal is: c $8,000 gain on disposal. $1.000 loss on disposal. $5,000 loss on disposal. $1,000 gain on disposal

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