Question: Flint Co . has equipment that cost $ 7 8 , 3 0 0 and that has been depreciated $ 5 0 , 3 0

Flint Co. has equipment that cost $78,300 and that has been depreciated $50,300.
Record the disposal under the following assumptions.
(a) It was discarded with no cash received.
(b) It was sold for $22.200.
(c) It was sold for $29,500

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