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A vehicle purchased for $75,000 has depreciated $35,039 as of Janurary 1 of this year....

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Accounting

A vehicle purchased for $75,000 has depreciated $35,039 as of Janurary 1 of this year. The vehicle is sold Januray 1 for for $41,932. What is the gain or loss on this sale? ( Indicate a loss with a-sign)

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