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Title: Joan bought a business machine for $15,000 on January 1, 2009, and later sold the machine for ... Post by: Augustus1 on Jan 9, 2017 Joan bought a business machine for $15,000 on January 1, 2009, and later sold the machine for $12,800 when the total allowable depreciation is $8,500. The depreciation actually taken on the tax returns totaled $8,000. Joan must recognize a gain (or loss) of
A) no gain or loss. B) $4,300. C) $5,800. D) $6,300. Title: Re: Joan bought a business machine for $15,000 on January 1, 2009, and later sold the machine for ... Post by: Yoko900 on Jan 9, 2017 Content hidden
Title: Re: Joan bought a business machine for $15,000 on January 1, 2009, and later sold the machine for ... Post by: Augustus1 on Mar 19, 2017 I needed this so bad, I'm laughing right now from happiness
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