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THE QUESTION After the driver who delivered drugs to DPI customers homes was robbed at...

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Accounting

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THE QUESTION After the driver who delivered drugs to DPI customers homes was robbed at gunpoint, Denise discontinued this service. On May 31 , she sold the vehicle used to make deliveries for $18,250. The vehiicle has been purchased December 1,2019 for $26,000 and had an expected residual value of $7,500 at the end of its useful life of five years. Denise had last adjusted DPis accounts at its December 31, 2020 year end. She has asked you to prepared the journal entry(ies) necessary to account for the sale of the vehicle. (no explanations neede d) ROUND to nearest dollar

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