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$20,000 and the nstimugld ife is 8 years. Assuming the eompany uses the doubleEayle Corp,...

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Accounting

$ $20, 000$ and the nstimugld ife is $8$ years. Assuming the eompany uses the doubleEayle Corp, would report if they sold the equigment for $ $15, 000$ on December $31 . 2025 .$

$ $2, 500$ gain

$ $2, 500$ loss

$ $10, 090$ loss

$ $40, 000$ gain

None of the above.

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