Business, 17.12.2020 17:40, destineysarah

Ngu owns equipment that cost $100,700 with accumulated depreciation of $68,800. Ngu asks $36,800 for the equipment but sells the equipment for $34,200. Compute the amount of gain or loss on the sale. a. $2,600 gain. b. $2,300 gain. c. $2,300 loss. d. $4,900 loss. e. $4,900 gain.

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Ngu owns equipment that cost $100,700 with accumulated depreciation of $68,800. Ngu asks $36,800 for...