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A company sold for $3,000 a plant asset that had a cost of $10,000 and accumulated depreciation of $7,500. what gain or loss did the company experience?
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A company sold for $3,000 a plant asset that had a cost of $10,000 and accumulated depreciation of $7,500. what gain or loss did the company experience?

User Bhargav Shah
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1 Answer

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the company lost 4,300 dollars because the sold if for 7,300 
User Cfbarbero
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