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On April 1, 2018, La Salsa Corporation sells some equipment for $18,000. The original cost was $50,000, the estimated residual valuce was 8,000, and ihc

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On April 1, 2018, La Salsa Corporation sells some equipment for $18,000. The original cost was $50,000, the estimated residual valuce was 8,000, and ihc the Accumulated Depreciation account had a balance of $29,400. If straight-line method of depreciation was used the gain or loss on the sale was

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