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Piper's Pizza sold baking equipment for $26,400. The equipment was originally purchased for $73,400, and depreciation through the date of sale totaled $52,400. Record the

Piper's Pizza sold baking equipment for $26,400. The equipment was originally purchased for $73,400, and depreciation through the date of sale totaled $52,400.

Record the gain or loss on the sale of the equipment.

  • Record the sale of the equipment

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