Question: 7. A copy machine costs $25,000 when new and has accumulated depreciation of $16,000. Suppose Prints Express junks this machine and receives nothing. What is

7. A copy machine costs $25,000 when new and has accumulated depreciation of $16,000. Suppose Prints Express junks this machine and receives nothing. What is the result of the disposal transaction? A. Loss of $9,000 B. Loss of $25,000 C. Loss of $41,000 D. Gain of $41,000

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