Question: Current Attempt in Progress Compute the following questions. A machine that cost $86,400 and on which $63,600 of depreciation had been recorded was disposed of

 Current Attempt in Progress Compute the following questions. A machine that

Current Attempt in Progress Compute the following questions. A machine that cost $86,400 and on which $63,600 of depreciation had been recorded was disposed of for $24.480. Indicate whether a gain or loss should be recorded, and for what amount Amount of $ Assume that the machine of Part a, above, was instead discarded. Indicate whether a gain or loss should be recorded, and for what amount. Amount of $ Assume that the machine of Parta, above, was instead sold for $22,560. Indicate whether a gain or loss should be recorded, and for what amount. Amount of $ Save for later Attempts: 0 of 1 used Submit

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