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In 2013. Amalfi Inc. purchased equipment with an estimated 10-year life tor $42.600. The res-dual value was estimated at $9,900. Amalfi uses straight-line depreciation and

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In 2013. Amalfi Inc. purchased equipment with an estimated 10-year life tor $42.600. The res-dual value was estimated at $9,900. Amalfi uses straight-line depreciation and applies the halt-year convention On April 18. 2015, Amalfi closed one o(its plants and sold this equipment for $33,600 Under these assumptions, compute the following for this equipment: Depreciation expense in 2013 $ Depreciation expense in 2014 $..Depreciation expense in 2015 $ Book value at the date of sale in 2015 $ Gain or loss on the sale in 2015 (underline the correct term) $ Gain or Loss

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