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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Related Book For
Engineering Economy
ISBN: 9780134870069
17th Edition
Authors: William Sullivan, Elin Wicks, C Koelling
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