Question: A copy machine cost $ 40,000 when new and has accumulated depreciation of $ 32,000. Suppose Copy Center sold the machine for $ 8,000. What

A copy machine cost $ 40,000 when new and has accumulated depreciation of $ 32,000. Suppose Copy Center sold the machine for $ 8,000. What is the result of this disposal transaction? Question content area bottom Part 1 A. Gain of $ 8,000 B. Loss of $ 32,000 C. Loss of $ 8,000 D. No gain or loss

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