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0.60 points Brief Exercise 7-10 Account for the sale of long-term assets (L07-6) Granite Stone Creamery sold ice cream equipment for $12,800. Granito Stone originally

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0.60 points Brief Exercise 7-10 Account for the sale of long-term assets (L07-6) Granite Stone Creamery sold ice cream equipment for $12,800. Granito Stone originally purchased the equipment for $82,000, and depreciation through the date of sale totaled $67,000. What was the gain or loss on the sale of the equipment? $ 12.800 Sale amount Less Cost of the ice cream equipment Lass: Accumulated depreciation $ 82.000 67,000 Book value

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