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Business, 18.11.2020 17:30 kaliyab191
A trucking company sold its fleet of trucks for $55,200. The trucks originally cost $1,416,000 and had Accumulated Depreciation of $1,271,000 recorded through the date of disposal. What gain or loss did the trucking company record when it sold the fleet of trucks?A. Loss of $55,600.
B. Gain of $55,600.
C. Gain of $105,400.
D. Loss of $105,400.
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A trucking company sold its fleet of trucks for $55,200. The trucks originally cost $1,416,000 and h...
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