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A copy machine cost $35,000 when new and has accumulated depreciation of $34,000.Suppose Graphics Center...

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Accounting

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A copy machine cost $35,000 when new and has accumulated depreciation of $34,000.Suppose Graphics Center junks this machine, receiving nothing. What is the result of the disposal transaction? A. No gain or loss B. Loss of $1,000 C. Gain of $1,000 D. Loss of $44,000

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