Question: D Question 4 3 pts A company sold a machine for $120,000 in cash. This machine cost $250,000 for had $100,000 in accumulated depreciation

D Question 4 3 pts A company sold a machine for $120,000

D Question 4 3 pts A company sold a machine for $120,000 in cash. This machine cost $250,000 for had $100,000 in accumulated depreciation at the date of sale. What is the gain or loss on the sale? m g O $120,000 gain O $150,000 loss O $30,000 loss Ono gain or loss O $30,000 gain

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