LO6 Assume that in problem 37, the United Express Company sells a truck that cost $60,000 in

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LO6 Assume that in problem 37, the United Express Company sells a truck that cost $60,000 in 2010 for $15,000 in June 2013. Assume that none of the truck was expensed in 2010. Compute the adjusted basis of the truck and the gain or loss from the sale.

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