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Macys is an American department store chain founded in 1858 by Rowland Hussey Macy. Macys aquired an asset on January 1, 2021, for $121,000 with an estimated five-year life and $39,800 residual value. The company uses units-of-production depreciation and expects the asset to produce 28,000 units. Calculate the gain or loss if the asset was sold on December 31, 2024, for $76,000. Actual production was: 2021=800 units; 2022=8,000 units; 2023=9,000 units; 2024=1,200 units. Murtiple Choice None of the other answers are correct. $26,800 gain. $27,240 gain. $10,100 gain. Macys is an American department store chain founded in 1858 by Rowland Hussey Macy. Macys aquired an asset on January 1, 2021, for $121,000 with an estimated five-year life and $39,800 residual value. The company uses units-of-production depreciation and expects the asset to produce 28,000 units. Calculate the gain or loss if the asset was sold on December 31, 2024, for $76,000. Actual production was: 2021=800 units; 2022=8,000 units; 2023=9,000 units; 2024=1,200 units. Murtiple Choice None of the other answers are correct. $26,800 gain. $27,240 gain. $10,100 gain