moore6437 moore6437
  • 21-11-2022
  • Business
contestada

yoonah sells a piece of specialized equipment (with a high resale value) used in a business for $41,650 on september 10, 2021. the equipment was purchased on may 20, 2018 for $32,000. yoonah has taken $9,200 of depreciation on the equipment. what are the amount and classification of the gain on the sale by yoonah?

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