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SOJS originally paid $10,000 for a machine and recorded depreciation at a rate of $1,000 per year for five years. They sold the machine in

SOJS originally paid $10,000 for a machine and recorded depreciation at a rate of $1,000 per year for five years. They sold the machine in the middle of the sixth year for $6,000. What is SOJSs amount of loss or gain on the sale?

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