7-66. If SL depreciation is used and the equipment is sold for $35,000 at the end of...

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7-66. If SL depreciation is used and the equipment is sold for $35,000 at the end of 10 years, the taxable gain on the disposal of the equipment is

(a) $35,000

(b) $25,000

(c) $15,000

(d) $10,000

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Engineering Economy

ISBN: 9780134870069

17th Edition

Authors: William Sullivan, Elin Wicks, C Koelling

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