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Coach You Problem 3 CSU Company has delivery equipment that cost $ 5 6 , 8 0 0 and has been depreciated $ 2 4

Coach You Problem

3

CSU Company has delivery equipment that cost $

56, 800

and has been depreciated $

24, 300 .

What is the gain or loss on disposal under each independent situation?

.

It was scrapped as having no value.

.

It was sold for $$

36, 400 .

.

It was sold for $

19, 600 .

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