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0.Depreciation Expense - Printing Press Accumulated Depreciation - Printing Press $ 19.2001 $ 19,200 OC Printing Press Depreciation Expense - Printing Press 19.200 OO. Accumulated

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0.Depreciation Expense - Printing Press Accumulated Depreciation - Printing Press $ 19.2001 $ 19,200 OC Printing Press Depreciation Expense - Printing Press 19.200 OO. Accumulated Depreciation - Printing Press Depreciation Expense - Printing Press $ 19.200 E. None of the above QUESTION 3 2 (a) Stevenson Company purchased equipment for $250,000 on January 1, 2010. The estimated salvage value $50.000. and the estimated useful life is 5 years. The straight line method is used for depreciation. On July 1. 2013 Stevenson sold the equipment for $100,000. Calculate the pain or loss on the sale of the equipment (15 points) O A None of the above O B. Gain is $10,000 OC. Gain is 58.500 O D.LOSS is 510.000 E. Loss is 58500 QUESTION 4 n e method is used 2 (Stevenson Company purchased equipment for $250.000 on January 1, 2010. The estimated salvage value is 350.000, and the estimated useful i s 5 years. The stra for depreciation on July 1, 2013 Stevenson sold the equipment for $100.000 The journal entry to record the sale of the equipment will includes points) all Chek Sore and Submit to save and subit. Click Save All Answers to

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