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15. Piper's Pizza sold baking equipment for $26,100. The equipment was originally purchased for $73,100, and depreciation through the date of sale totaled $52,100. Record
15. Piper's Pizza sold baking equipment for $26,100. The equipment was originally purchased for $73,100, and depreciation through the date of sale totaled $52,100.
Record the gain or loss on the sale of the equipment. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)
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