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Collins assumes that the Vinyard building can be sol for 400,000 in the year 2026. At any time the resale of the fryers and refrigerators

Collins assumes that the Vinyard building can be sol for 400,000 in the year 2026. At any time the resale of the fryers and refrigerators are $26,000. In 10 years time Collins assumes he will have a cash holding of $12 million. Note ATO stated all non-current assets be depreciated to 0.

So what i need to find is whether he is going to make a gain or loss

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