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a non current assest was disposed of for $ 2 0 0 0 during the last accounting period. it had been purchased exactly 5 years

a non current assest was disposed of for $2000 during the last accounting period. it had been purchased exactly 5 years earlier for 15,000 with no expected residual value and had been depreciated on the reducing balance basis at 30% per anum. what is the profit/ loss on disposal. please provide a solution.

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