Question
On 01/1/2007, the Hebron company purchased God for 62,000 dinars and paid 8,000 dinars for transportation and installation expenses. The estimated useful life of each
On 01/1/2007, the Hebron company purchased God for 62,000 dinars and paid 8,000 dinars for transportation and installation expenses. The estimated useful life of each four-year period at the end of the machine is 10,000 dinars. In 1/7/2008 the machine was replaced by another new machine, and the fair value of the new machine was estimated at 58,000 dinars, and the Hebron company received from the other party 2,500 dinars in cash during the exchange. Note that the company uses the straight-line method of depreciation. How much is the swap's profits or losses? A_ 23000 B_ 13000 C_ 3000 D_ 33000 F_ There are no profits or losses for this process
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