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  3. on january 1, 2021, dunbar echo company sells a ma

On January 1, 2021, Dunbar Echo Company sells a machine for $25,200. The machine was...

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Accounting

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On January 1, 2021, Dunbar Echo Company sells a machine for $25,200. The machine was originally purchased on January 1, 2019 for $45.200. The machine wos estimated to have a useful life of 5 years and a residual value of $0. Dunbar Echo uses straight-line depreciation. In recording this transaction Multiple Choice a loss of 51.920 would be recorded a loss of $20,000 would be recorded, again of $25,200 would be recorded. again of $1920 would be recorded

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