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View Policies Current Attempt in Progress Bonita Company has decided to sell one of its old machines on June 30, 2018. The machine was purchased

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View Policies Current Attempt in Progress Bonita Company has decided to sell one of its old machines on June 30, 2018. The machine was purchased for $226000 on January 1, 2014, and was depreciated on a straight-line basis for 10 years with no salvage value. If the machine was sold for $67000, what was the amount of the gain or loss recorded at the time of the sale? $62150. $136400. $159000. O $57300

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