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Millworks Company owns a milling machine that cost $125 000 and has accumulated depreciation of $91 000 Prepare the entry to record the disposal of the milling machine on January 5 under each of the following independent situations

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Millworks Company owns a milling machine that cost $125 000 and has accumulated depreciation of $91 000 Prepare the entry to record the disposal of the milling machine on January 5 under each of the following independent situations

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