Accounting (1) Question 25 Not yet answered On January 1, 2019, MeLo, Inc. sold equipment for OMR 4200 cash. The equipment was purchased on January 1, 2015 at a cost of OMR 28000. The equipment was depreciated using the straight line method over an estimated ten year life with zero salvage value. Melo las recorded depreciation on the equipment on December 31, 2019, its year end Calculate the gain or loss from this transaction Marked out of 4.00 P Flag question Previous page Next pa