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Under which of the following circumstances will an asset be sold for a gain? (circle all that apply) market price is greater than the cost

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Under which of the following circumstances will an asset be sold for a gain? (circle all that apply) market price is greater than the cost less accumulated depreciation market price is less than accumulated depreciation straight line depreciation is less than accelerated depreciation used for tax reporting purposes carrying value is less than the market price carrying value is greater than the market price

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