Question: A copy machine cost $ 4 5 , 0 0 0 when new and has accumulated depreciation o f $ 4 4 , 0 0

A copy machine cost $45,000 when new and has accumulated depreciation of $44,000. Suppose Print and Photo Center discards this machine and receives nothing. What is the result of the disposal transaction?
A.No gain or loss
B. Gain of $1,000
C. Loss of $1,000
D. Loss of $45,000
A copy machine cost $ 4 5 , 0 0 0 when new and

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