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On December 31, Strike Company sold one of its...

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Accounting

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On December 31, Strike Company sold one of its batting cages for $211,055. The equipment had an original cost of $248,300 and has accumulated depreciation of $37,245. Depreciation has been recorded up to the end of the year. What is the amount of the gain or loss on this transaction? ? a. no pain or loss b. loss of $(37,245) c. gain of $49,660 Cd, can't be determined with data provided

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