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2020 2021 640 $34. $230.4 $138.2 Total 8 DOO Seting price (cash Less book value of Original cost Accumulated Gain on sale of Bu 2U000

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2020 2021 640 $34. $230.4 $138.2 Total 8 DOO Seting price (cash Less book value of Original cost Accumulated Gain on sale of Bu 2U000 75 '7x 8000 12/420 Sold er https://eztomheducation.com/h.tpx?todo Dep Problem #5 (4 points) On September 30, 2021, Sternberg Company sold office equipment for $12,000. The equipment was purchased on March 31, 2018, for $24,000. The asset was being depreciated over a five-year life using the straight-line method, with depreciation based on months in service. No residual value was anticipated. Required: Prepare the journal entries to record 2021 depreciation and the sale of the equipment

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