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In Course: CHEM11 X 5 112_Experiment X S E-11 x https://genchen x ji (4) Paid Internsh X Question 3 - Mc X Homework Help X + X -> C ^ ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fuma.umassonline.net%252Fwebapps%... K . . . Module 5 Connect Homework i Saved Help Save & Exit Submit Check my work 3 Alexander Company purchased a piece of equipment for $14,000 and depreciated it for three years over a 5-year estimated life with an expected residual value at the end of 5 years of $2,000. At the end of the third year, Alexander decided to upgrade to equipment with increased capacity and sold the original piece of equipment for $7,500. 0.28 points Calculate the gain or loss on the disposal at the end of the third year. Gain on sale by eBook Print References Mc Graw Hill Type here to search O W N 5:48 PM hulu 3/30/2021