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Allen Air Lines must liquidate some equipment that is beingreplaced. The equipment originally cost $13.3 million, of which 75%has been depreciated. The used equipment can

Allen Air Lines must liquidate some equipment that is beingreplaced. The equipment originally cost $13.3 million, of which 75%has been depreciated. The used equipment can be sold today for $3.8mill 1 answer

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