bennie kazor Lompany nas aeciaed to se one of its old manufacturing machines on June...
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bennie kazor Lompany nas aeciaed to se one of its old manufacturing machines on June 30,2022 . The machine was purchased for $80,000 on January 1,2018 , and was depreciated on a straight-line basis for 10 years assuming no salvage value. If the machine was sold for $26,000, what was the amount of the gain or loss recorded at the time of the sale? ($18,000) $46,000 ($22,000) $54,000
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