Question: Equipment that cost $ 9 0 , 0 0 0 and on which $ 5 0 , 0 0 0 of accumulated depreciation has been

Equipment that cost $90,000 and on which $50,000 of accumulated depreciation has been recorded was disposed of for $45,000 cash. Recording this event would include a(n)
Question 5 options:
gain of $5,000.
loss of $5,000.
decrease to Equipment for $15,000.
increase to Accumulated Depreciation for $15,000.
Question 4 options:
$33,400
$16,700
$14,300
$28,600

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