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The Zabel Company reported equipment of $35,000 and accumulated depreciation of $12,000 before it sold the equipment for $21,000. What amount of gain or loss

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The Zabel Company reported equipment of $35,000 and accumulated depreciation of $12,000 before it sold the equipment for $21,000. What amount of gain or loss would it report on the sale? Use a positive number to indicate a gain or a negative number to indicate a loss

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