Question: please please please open the comment box also answer final look like above box please please please Brief Exercise 9.7 (Static) Disposal of Plant Asset

please please please open the comment box also answer final look like above box please please please

Brief Exercise 9.7 (Static) Disposal of Plant Asset (LO9-3, LO9-5) Taylor Company purchased equipment for $27,500. It depreciated the equipment over a 5-year life by the double-declining-balance method until the end of the second year, at which time the asset was sold for $8,300. Calculate the gain or loss on the sale at the end of the second year. on the sale of equipment amounts to

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