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Business, 02.04.2020 17:32 brittanyjacob8

Joan bought a business machine for $15,000. In a later year, she sold the machine for $12,800 when the total allowable depreciation is $8,500. The depreciation actually taken on the tax returns totaled $8,000. Joan must recognize a gain (or loss) of .

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Joan bought a business machine for $15,000. In a later year, she sold the machine for $12,800 when t...
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