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both parts please. 3) On 1/1/21, S sold equipment with a cost of $130,000, accumulated depreciation of $60,000 and a remaining useful life of 5

both parts please. 3) On 1/1/21, S sold equipment with a cost of $130,000, accumulated depreciation of $60,000 and a remaining useful life of 5 years, to its parent company P, for $100,000. S and P bo...

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