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Assume BizChair.com sold a used conveyor belt for $176,500 cash. If accumulated depreciation on the sale date was $59,211 and a gain of $7,621 was
Assume BizChair.com sold a used conveyor belt for $176,500 cash. If accumulated depreciation on the sale date was $59,211 and a gain of $7,621 was recognized on the sale, what was the original cost of the asset?
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