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A machine with Initial value, B = $100,000 was depreciated by MACRS over a 3-year period. The machine was sold for $20,000 at the end of year 2.%3D (b) Does

the sale of the machine count as a capital gain (CG), depreciation recovery (DR), or capital loss (CL)? (C) How much captial gain, depreciation recovery, or capital loss is generated with this sale?

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