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Given the following information, calculate how much gross equipment should be listed for on the balance sheet, dated December 31, 2013. Gross equipment was listed
Given the following information, calculate how much gross equipment should be listed for on the balance sheet, dated December 31, 2013.
Gross equipment was listed on the balance sheet dated December 31, 2012 for $1,000
Equipment that was originally purchased for $200, and had an accumulated depreciation of $150, was sold on June 30, 2013.
New equipment was purchased on September 16, 2013 for $100
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