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Metro Graphic Design purchased equipment on January 1,2024 , for $18,233. Suppose Metro Graphic Design sold the equipment for $13,000 on December 31, 2026. Accumulated

image text in transcribed Metro Graphic Design purchased equipment on January 1,2024 , for $18,233. Suppose Metro Graphic Design sold the equipment for $13,000 on December 31, 2026. Accumulated Depreciation as of December 31,2026 , was $8,415. Journalize the sale of the equipment, assuming straight-line depreciation was used. First, calculate any gain or loss on the disposal of the equipment

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