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A company discarded a display case it had originally purchased for $8,000. the case had $7,200 worth of accumulated depreciation. the company should recognize a (an):_______.
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A company discarded a display case it had originally purchased for $8,000. the case had $7,200 worth of accumulated depreciation. the company should recognize a (an):_______.

User Senkwe
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1 Answer

2 votes
8000-7200=800

800 gain
User Shane Oliver
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7.9k points
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