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Granite Stone Creamery sold ice cream equipment for $17.200. Granite Stone originally purchased the equipment for $93,000, and depreciation through the date of sale totaled

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Granite Stone Creamery sold ice cream equipment for $17.200. Granite Stone originally purchased the equipment for $93,000, and depreciation through the date of sale totaled $72,500. What was the gain or loss on the sale of the equipment? Sale amount Less: Cost of the ice cream equipment Book value

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