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Ajabu PLC reported a net carrying amount for equipment of $65,000 on December 31, 2020. Included in the amount was a piece of equipment with
Ajabu PLC reported a net carrying amount for equipment of $65,000 on December 31, 2020. Included in the amount was a piece of equipment with a carrying amount of $10,000 that had been retired to Held for sale. The market value was established to be $9,000 before paying a sales commission of 5%. What amount should you report as the value of the held for sale asset
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