Question: A copy machine cost $ 3 7 , 0 0 0 when new and has accumulated depreciation of $ 3 4 , 0 0 0

A copy machine cost $37,000 when new and has accumulated depreciation of $34,000. Suppose Copy Center sold the machine for $3,000. What is the result of this disposal transaction?
A. Loss of $3,000
B. Loss of $34,000
C. Gain of $3,000
D. No gain or loss
A copy machine cost $ 3 7 , 0 0 0 when new and

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