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  3. a fixed asset with a cost of $30,930 and accumulat

A fixed asset with a cost of $30,930 and accumulated depreciation of $27,837.00 is sold...

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Accounting

A fixed asset with a cost of $30,930 and accumulated depreciation of $27,837.00 is sold for $5,258.10. What is the amount of the gain or loss on disposal of the fixed asset?

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