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Posted: **Thu May 19, 2022 1:00 pm**

: 4 Nike Owns Equipment That Cost 101 900 With Accumulated Depreciation Of 69 600 Nike Asks 37100 For The Equipment But 1 (8.24 KiB) Viewed 35 times

: 4 Nike Owns Equipment That Cost 101 900 With Accumulated Depreciation Of 69 600 Nike Asks 37100 For The Equipment But 2 (28.86 KiB) Viewed 35 times

4 Nike owns equipment that cost $101,900 with accumulated depreciation of $69.600 Nike asks $37100 for the equipment but sells the equipment for $34.400 Compute the amount of gain or loss on the sale,
Multiple Choice O $4,800 loss. O $2,100 loss. O $4,800 gain. O $2,700 gain. O $2,100 gain.