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Ryan's company wants to retire an old machine. The machine originally cost $60,000. The accumulated...

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Accounting

Ryan's company wants to retire an old machine. The machine originally cost $60,000. The accumulated depreciation on the machine is $58,000. How will this entry be recorded? as a loss of $4,000 as a gain of $2,000 as a loss of $2,000 O as fully depreciated

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