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Business, 16.10.2021 19:50 angelakrill14091

2.Keller Inc. sold some of its heavy machinery at a gain. Keller used the straight-line method for financial accounting depreciation and expensing for tax cost-recovery. If accumulated depreciation for financial accounting purposes is less than accumulated depreciation for tax reporting purposes, what is the nature of the book-tax difference associated with the gain on the sale

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