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Question An asset which casts $28,800 and has accumulated depreciation of $6,000 is sold for $21,600. What amount of gain or loss will be recognized

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Question An asset which casts $28,800 and has accumulated depreciation of $6,000 is sold for $21,600. What amount of gain or loss will be recognized whern the asset is sold? Select one: Not yet answered Marked out of 1 O a. A loss of $7.200 Flag question b. A gain of $1,200 O c. A gain of $7,200 O d. A loss of $1,200

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