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2-28 Impact of asset transactions The current undepreciated capital cost of a specific of assets is $1,300,000. The firm has just sold an asset from

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2-28 Impact of asset transactions The current undepreciated capital cost of a specific of assets is $1,300,000. The firm has just sold an asset from the pool that originally cost $1,500,000. Calculate the impact of the sale, if any, on the asset class using the following assumed proceeds from sale i. $1 million ii. $1.3 million ii. $1.5 million iv. $1.8 million

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