Question: Foreaker LLC sold a computer that it used in its business for $52,000. Foreaker bought the computer 10 months ago for $42,000 and had taken
Foreaker LLC sold a computer that it used in its business for $52,000. Foreaker bought the computer 10 months ago for $42,000 and had taken $3,000 in depreciation expense on the computer. What is the amount of Foreaker's ordinary gain?
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