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Business, 25.01.2020 06:31 abbygreen

Return to amir’s original purchase date of july1, 20x5. assume that amir uses straight-line method of depreciation and sells the equipment for $36,500 on july 1, 20x9. the result of the sale of the equipment is a gain (loss) of:

a. ($3,500)
b. $7,500
c. $2,500
d. $0

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