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In 2022, Skylar sold equipment for $171,200 cash and a$1,712,000 note due in two years. Skylar's cost of the property was$1,369,600, and he had deducted

In 2022, Skylar sold equipment for $171,200 cash and a$1,712,000 note due in two years. Skylar's cost of the property was$1,369,600, and he had deducted depreciation of $821,760. Ifrequired, round In 2022, Skylar sold equipment for \( \$ 171,200 \) cash and a \( \$ 1,712,000 \) note due in two years. Skylar's cost of the property was \( \$ 1,369,600 \), and he had deducted depreciation of \( \$ 2 answers

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