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What is the amount of the gain or loss on disposal

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Question - A fixed asset with a cost of $26,789 and accumulated depreciation of $24,110.10 is sold for $4,554.13. What is the amount of the gain or loss on disposal of the fixed asset?

a. $2,678.90 loss

b. $1,875.23 loss

c. $2,678.90 gain

d. $1,875.23 gain

Reference no: EM132538628

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