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On 1 January 20x1, office building had a carrying value of $550,000 and remaining useful life is 50 years. It was revalued to 648,000 on

On 1 January 20x1, office building had a carrying value of $550,000 and remaining useful life is 50 years. It was revalued to 648,000 on 31 December 20X1. On 1 January 20X4, it was sold for $550,000 How much is the gain or loss on disposal

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