You bought equipment for $10,000 and fully depreciated this equipment. You sell the equipment for $4,000 this
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Question:
You bought equipment for $10,000 and fully depreciated this equipment. You sell the equipment for $4,000 this year.
What happens?
Assume instead that the equipment is sold for $12,000.
What happens?
Expert Answer:
Scenario 1 Equipment Sold for 4000 When the equipment is sold for 4000 after being f... View the full answer
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