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Ngu owns equipment that cost $98,900 with accumulated depreclation of $67600. Ngu asks $36,350 for the equipment but sells the equipment for $33,900. Compute the
Ngu owns equipment that cost $98,900 with accumulated depreclation of $67600. Ngu asks $36,350 for the equipment but sells the equipment for $33,900. Compute the amount of gain or loss on the sale O $2,600 gain. O $2,450 gain. $5,050 loss $5,050 gain O $2,600 loss
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