An asset's book value is $19,400 on December 31, Year 5. The asset has been depreciated at an annual rate of $4,400 using the straight-line method. Assuming the asset is sold on December 31, Year 5 for $16,400, the company should record:

Absolute value graph shifted point 5 up

Answerthe simplified expression isexplanationthe given expression is,let us deal with the bracket first.the two negatives in the parenthesis will become positive.the expression now becomes,we now expand the parenthesis to get,we group like terms to obtain,this simplifies to,