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Pine company sold equipment on july1, 2021 for $81,500. The equipment had cost $230000 and had $ 130,000 of accumulated depreciation as of january 1,

Pine company sold equipment on july1, 2021 for $81,500. The equipment had cost $230000 and had $ 130,000 of accumulated depreciation as of january 1, 2021. Depreciation for the first 6 months of 2021 was $ 13,000. prepare the journal entry to record the sale of the equipment

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