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Amanda Company purchased a computer that cost $12.500. It had an estimated useful life of four years and a residual value of $2,250. The
Amanda Company purchased a computer that cost $12.500. It had an estimated useful life of four years and a residual value of $2,250. The computer was depreciated by the straight- Tine method and was sold at the end of the third year of use for $6,540 cash How much of a gain or loss should Amanda record? Multiple Choice A gain of $1728 A of 56.540 As of $1728 A $2.250
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