Business
Business, 28.05.2021 01:00, kikirogers6530

Ngu owns equipment that cost $93,500 with accumulated depreciation of $64,000. Ngu asks $35,000 for the equipment but sells the equipment for $33,000. Compute the amount of gain or loss on the sale.

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Ngu owns equipment that cost $93,500 with accumulated depreciation of $64,000. Ngu asks $35,000 for...

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