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year of use for $ 5 , 0 0 0 cash. The company should record Multiple Choice A loss of $ 1 , 0 0

year of use for $5,000 cash. The company should record
Multiple Choice
A loss of $1,000
A gain of $1,000
Neither a gain nor a loss-the computer was sold at its book value.
Neither a gain nor a loss-the gain that occurred in this case would not be recognized.
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