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Question(s) / Instruction(s):

A company discarded a display case it had originally purchased for $13,000. The case had $9,000 worth of accumulated depreciation. The company should recognize a (an):

a)            $4,000 gain

b)            $9,000 loss

c)            $13,000 Loss

d)            $0 gain or loss

e)            $4,000 loss

 

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