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How much was the accumulated depreciation on the equipment

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Reference no: EM132017077

Question - Zippy Inc. sold equipment that originally cost $300 for $100 in cash. Zippy recorded a loss of $20 for the transaction. How much was the accumulated depreciation on the equipment?

A. $120

B. $180

C. $280

D. $220

E. $ 80

Reference no: EM132017077

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