Question: A copy machine costs $ 4 5 , 0 0 0 when new and has accumulated depreciation of $ 3 4 , 0 0 0

A copy machine costs $45,000 when new and has accumulated depreciation of $34,000. Suppose Hilton Copy Center discards this machine and receives nothing at is the result of the disposal transaction? A. No gain or loss B. Loss of $11,000O C. Loss of $29,000 D. Gain of $11,000

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