# Question: Analyze each of the following independent scenarios a Equipment that

Analyze each of the following independent scenarios:
a. Equipment that cost \$44,000 had an estimated useful life of six years and a salvage value of \$2,000. After five years of using straight-line depreciation, the company sold the equipment for \$9,500.
b. A computer system that cost \$95,000 had an estimated useful life of four years and no salvage value. After two years of using double-declining balance depreciation, the company sold the computer system for \$40,000.
c. A company truck that cost \$32,000 had an estimated useful life of six years and a salvage value of \$2,000. After five years of using straight-line depreciation and driving the truck many miles on tough terrain, the company sold the completely worn-out truck for \$750 for spare parts.
d. An asset that cost \$35,000 had an estimated useful life of five years and a salvage value of \$2,500. After three years of using double-declining balance depreciation, the company sold the asset for \$7,500.

Requirement
For each scenario, calculate the gain or loss, if any, that would result upon disposal.

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