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On June 1, 2023, XVz Company purchased a building for $94,000. The building was estimated to have a useful 11fe of 10 years with a

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On June 1, 2023, XVz Company purchased a building for $94,000. The building was estimated to have a useful 11fe of 10 years with a $7,0 residual value. The building will be depreclated using the stratght-line method. On November 1, 2030, the bullding was sold for $46,000 cash. Calculate the amount of the gain recorded on the sale. Do not enter your answer with a minus sign in front of your number

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