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Rufina [12.5K]
3 years ago
6

A company sold a machine that originally cost $250,000 for $120,000 when accumulated depreciation on the machine was $100,000. t

he gain or loss recorded on the sale of this machine is
Business
1 answer:
Ghella [55]3 years ago
7 0
$250000-$100000=$150000
$150000-$120000=$30000

So it's a gain, a gain of $30000
Hope this helps.
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