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Genevieve sold equipment that she uses in her business for $100,000. Genevieve bought the equipment two years ago for $90,000 and has claimed $25,000 of

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Genevieve sold equipment that she uses in her business for $100,000. Genevieve bought the equipment two years ago for $90,000 and has claimed $25,000 of depreciation expense. What is the amount and character of Genevieve's gain or loss

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