Question: Moving to another question will save this response Question 2015 Question 2 1 points Al company sold a machine that originally cost $105,000 for $29.000

 Moving to another question will save this response Question 2015 Question

Moving to another question will save this response Question 2015 Question 2 1 points Al company sold a machine that originally cost $105,000 for $29.000 cash. The accumulated depreciation on this machine was $83,000 at the time of the sale. What was the company's gain or loss on this sale? $7,000. gain on sale O $7,000. gain on sale $29,000gain on sale O $20,000: loss on sale Moving to another question will save this response. Question 2 of 5

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