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show journal entries BE 11-4 Disposal of property, plant, and equipment 011-2 Lawler Clothing sold manufacturing equipment for $16,000. Lawler originally purchased the equipment for

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BE 11-4 Disposal of property, plant, and equipment 011-2 Lawler Clothing sold manufacturing equipment for $16,000. Lawler originally purchased the equipment for $80,000, and depreciation through the date of sale totaled $71.000. What was the gain or loss on the sale of the equipment

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