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A truck costing $28,000 has sold for $4,250. The gain or loss would be: [4] accumulated depreciation of $23,500. The truck is A] Loss on

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A truck costing $28,000 has sold for $4,250. The gain or loss would be: [4] accumulated depreciation of $23,500. The truck is A] Loss on Disposal of $23,750. B) Gain on Disposal of $250 IC) Loss on Disposal of $250. ID] Gain on Disposal of $4,250. [5) The following is selected data for Inland Industries: 2016 $1,200,000 $1,300, 2015 58,500 164,00 810. et Income 150,000 788,000 otal Current Assets otal Assets The return on assets for 2016 was: (Round your final answer two decimal places, XXX%) A) 14.45%. ) 9.17%. C) 18.11%. D) 7.32%

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