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On April 1, 2020, Beachee Co. sold a machine for $29,000 that was purchased on January...

On April 1, 2020, Beachee Co. sold a machine for $29,000 that was purchased on January 1, 2017. The machine cost $75,000 on that date and had a useful life of 5 years with no salvage value. Depreciation has been recorded through December 31, 2019. When Beachee records the sale, it will recognize

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