1-3. Equipment costing $250,000 is sold for $80,000. 1. If the accumulated depreciation was $150,000, the amount of gain or loss (G or L) is continued For Scoring 2 3. If the accumulated depreciation was $250,000, the amount of gain or loss (G or L) is. 4. A patent with a cost of $200,000 has an estimated useful life of 10 years and a legal life of 20 years. The annual amortization is 7. Machinery acquired on the If the accumulated depreciation was $200,000, the amount of gain or loss (G or L) is Armwers $ 2. $ 3. $