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Evaluate the limit.
Gain Or Loss
The financial result when the selling price of an asset differs from its cost, resulting in either profit (gain) or deficit (loss).
Original Cost
The initial purchase price or investment made to acquire an asset, not accounting for depreciation or amortization.
Asset Improvements
Expenditures made to increase the usefulness or value of a fixed asset.
Ordinary Maintenance
Routine and regular upkeep activities required to maintain or preserve assets in their original condition, preventing deterioration over time.
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