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An asset register showed a net book value of $67,460. A non-current asset costing $15,000 had been sold for $4,000, making a loss on

 

An asset register showed a net book value of $67,460. A non-current asset costing $15,000 had been sold for $4,000, making a loss on disposal of $1,250. No entries had been made in the asset register for this disposal. What is the correct balance on the asset register?

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