Question: In the current year DDC sold a machine for 28000 DDC had purchased the machine in 2020 for 38000 and deducted depreciation expense of 23000

In the current year DDC sold a machine for 28000 DDC had purchased the machine in 2020 for 38000 and deducted depreciation expense of 23000 What amount of 1231 gain will be recognized in the current year

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