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D Question 10 10 pts Harrison Corporation has equipment that was purchased and subsequently disposed and sold. Using the information below for each independent situation,
D Question 10 10 pts Harrison Corporation has equipment that was purchased and subsequently disposed and sold. Using the information below for each independent situation, determine; (A) Is there is a gain or loss and (B) The amount of gain or loss that would be recorded: Situation Machinery A 30000 B 40000 C 35000 Cost Accumulated 12000 12000 32000 Depreciation Cash Received on 15000 22000 4000 Sale of Machinery Gain or [Select] [Select] [Select] Loss? Amount [Select] [Select] [Select]
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