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Rutgers owns a laptop it purchased for $500. The accumulated depreciation is $200. Rutgers sells the laptop to Selon Hall University for $400. What will

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Rutgers owns a laptop it purchased for $500. The accumulated depreciation is $200. Rutgers sells the laptop to Selon Hall University for $400. What will Rutgers record in connection with this sale? A loss of $100 A gain of $100 A loss of $300 Again of $200 > Moving to another question will save this response

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