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AAA has a specialized equipment with a carrying amount of $50,000 and a selling price of $40,000. If AAA keeps this equipment, it will generate

AAA has a specialized equipment with a carrying amount of $50,000 and a selling price of $40,000. If AAA keeps this equipment, it will generate a cash flow of $55,000 with a present value of $46,000. On the other hand, if AAA wants to dispose of this asset, it will pay $1,000 to help dispose of the asset.

Calculate the net selling price of the equipment

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