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D Required information [The following information applies to the questions displayed below.) Abbott Landscaping purchased a tractor at a cost of $41,000 and sold it

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D Required information [The following information applies to the questions displayed below.) Abbott Landscaping purchased a tractor at a cost of $41,000 and sold it three years later for $21,100. Abbott recorded depreciation using the straight-line method, a five-year service life, and a $3,000 residual value. Tractors are included in the Equipment account of 2 Journal entry worksheet

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