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basis, with $1,500 estimated residual value. On September 30,2022 , the company sold the shelving for $3,000 cash. Read the requirement 1. Start by recording

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basis, with $1,500 estimated residual value. On September 30,2022 , the company sold the shelving for $3,000 cash. Read the requirement 1. Start by recording depreciation expense on the shelving for 2022. (Record debits first, then credits. Exclude explanations from any journal entries.) Show how to compute the gain or loss on the disposal of the shelving. (Use a minus sign or parentheses for a loss.) ]=Gain(Loss)onsale]= Now record the sale of the shelving on September 30, 2022

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