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A firm has just completed a 5 - year project and sold the equipment for $ 3 , 8 0 0 . The equipment was

A firm has just completed a 5-year project and sold the equipment for $3,800. The equipment was purchased 5 years ago for $14,000. The firm depreciated the equipment using the accelerated depreciation (MACRS) schedule given below:
\table[[Years,MACRS],[1,20.00%
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