Question: c . Javier sold a rowing machine at an auction. Net proceeds were $ 4 , 9 0 0 . The rowing machine was purchased

c. Javier sold a rowing machine at an auction. Net proceeds were $4,900. The rowing machine was purchased as used equipment 17 years
ago for $5,200 and is fully depreciated.
There is a
x of $
x that is treated as 1231 gain .
c. Javier sold a rowing machine at an auction. Net proceeds

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