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Business, 07.06.2020 06:00 algahimnada

On July 1, 2022, Blossom Company sells equipment for $119000. The equipment originally cost $330000, had an estimated 5-year life and an expected salvage value of $50000. The Accumulated Depreciation account had a balance of $196000 on January 1, 2022, using the straight-line method. The gain or loss on disposal is

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On July 1, 2022, Blossom Company sells equipment for $119000. The equipment originally cost $330000,...
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