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Susan sold a machine for $2,400 in the current year. The machine was purchased for $2,600 three years ago. Susan had claimed $1,200 of depreciation
Susan sold a machine for $2,400 in the current year. The machine was purchased for $2,600 three years ago. Susan had claimed $1,200 of depreciation on the machine through the date of the sale. What was Susan's gain (loss) on the sale? Select one: O A. ($1,200) loss O B. $1,000 gain O C. ($200) loss O D. $800 gain
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