Carey Enterprises sold equipment on January 1, 2018 for $10,000. The equipment had cost $48,000. The balance in Accumulated Depreciation at January 1 is $40,000. The company should recognize a (positive) gain or a (negative) loss on the disposal of the equipment in the amount of
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Carey Enterprises sold equipment on January 1, 2018 for $10,000. The equipment had cost $48,000. The...
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