Question: A copy machine costs $ 4 9 , 0 0 0 when new and has accumulated depreciation of $ 4 2 , 0 0 0

A copy machine costs $49,000 when new and has accumulated depreciation of $42,000. Suppose Copy Center discards tis machine and receves nothing. What is the result of the disposal transaction?
A. No gain or loss
B. Loss of $33.000
C. Gain of $7,000
D. Loss of $7,000
A copy machine costs $ 4 9 , 0 0 0 when new and

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