Question: Vaughn, Inc. has 7 computers which have been part o f the inventory for over two years. Each computer cost $ 5 4 0 and

Vaughn, Inc. has 7 computers which have been part of the inventory for over two years. Each computer cost $540 and originally
retailed for $860.At the statement date, each computer has a net realizable value of $400. How much loss should Vaughn, Inc. record
for the year?
$2800.
$4200.
$980.
$1890.
Vaughn, Inc. has 7 computers which have been part

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