Question: Saved Help Save & Exit A company had a tractor destroyed by fire. The tractor originally cost $138,000 with accumulated depreciation of $71700. The proceeds

 Saved Help Save & Exit A company had a tractor destroyed

Saved Help Save & Exit A company had a tractor destroyed by fire. The tractor originally cost $138,000 with accumulated depreciation of $71700. The proceeds from the insurance company were $33,000. The company should recognize: Multiple Choice ( ) A loss of $66,300. O A gain of $33,000. O Again of $33,300. O A loss of $33,300. 5 of 32 !!

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