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QUESTION
A company discarded a display case that it had originally purchased for $8,000. The case had $7,200 worth of accumulated depreciation.
A company discarded a display case that it had originally purchased for $8,000. The case had $7,200 worth of accumulated depreciation. The company should recognize a $8,000 loss$0 gain or loss$800 loss$7,200 loss$800 gain
