Shasta Corporation sold a piece of land to Bill for $45,000. Shasta bought the land...
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Accounting
Shasta Corporation sold a piece of land to Bill for $45,000. Shasta bought the land two years ago for $30,600. What gain or loss does Shasta realize on the transaction?
PLEASE LABEL GAIN OR LOSS DON'T JUST PUT A DOLLAR AMOUNT! THANK YOU!!!
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