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ment 05:30 PM / Remaining: 77 min. CALCULATOR FULL SCREEN PAINTER VERSION 4 RACK NEXT Question 10 On May 1, 2018, Bonita Company sells office

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ment 05:30 PM / Remaining: 77 min. CALCULATOR FULL SCREEN PAINTER VERSION 4 RACK NEXT Question 10 On May 1, 2018, Bonita Company sells office furniture for $309600 cash. The office furniture originally cost $755200 when purchased on January 1, 2011. Depreciation is recorded by the straight-line method over 10 years with a salvage value of $79000. What gain should be recognized on the sale? $22540 $50280 $52780 $100560

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