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First Watch acquired equipment on October 1 , 2 0 2 1 at a cost of $ 1 6 4 , 5 0 0 .
First Watch acquired equipment on October at a cost of $ It has an estimated useful life of years, an estimated salvage value of $ and is depreciated by the straightline method. Assuming that the equipment was sold on July for $ the sale of the equipment would result in a
Select one:
a Loss of $
b Gain of $
c Gain of $
d Loss of $
e Loss of $
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