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By December 3 1 , 2 0 2 4 , the equipment has not been sold, but management expects that it will be sold in

By December

31, 2024,

the equipment has not been sold, but management expects that it will be sold in

2025

for $

626, 000 .

For what amount is the equipment reported in the December

31, 2024,

balance sheet?

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