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On December 31,20x4, you purchase a building residual value of $642628. The diminishing balance method of depreciation is used at for $2405956. What is the

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On December 31,20x4, you purchase a building residual value of $642628. The diminishing balance method of depreciation is used at for $2405956. What is the gain (loss) on sale of the building? for $3007783. The building's useful life is expected to be 35 years after which it will have a the rate of 5%. On December 31, 207, the building is sold Select one: O as-399099 Ob. $-344017 O c. $-172842 O d. $378131

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