A photocopier cost $95,000 when new and has accumulated depreciation of $90,000. If the business...
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Accounting
A photocopier cost $95,000 when new and has accumulated depreciation of $90,000. If the business discards this plant asset, the result is ________.
A.
a loss of $5,000
B.
a loss of $11,250
C.
a gain of $5,000
D.
no gain or no loss
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