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Sanlana Industries sold a building that originally cost $132,000 for $31,000cash. The accumulated depreciation on the building was $60,500. The Santana should recognize: A. A

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Sanlana Industries sold a building that originally cost $132,000 for $31,000cash. The accumulated depreciation on the building was $60,500. The Santana should recognize: A. A gain of 565,500 . B. A gain of 540,500 . C. A loss of 540,500 . D. A gain of $25,000. E. Aloss of 525,000

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