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please answer this question quick (will like up) Keating Co. is considering disposing of equipment that cost 576,000 and has $53,200 of accumulated depreciation to
please answer this question quick (will like up)
Keating Co. is considering disposing of equipment that cost 576,000 and has $53,200 of accumulated depreciation to date, Keating Co. can sell the equipment through broker for $28.000 less a 8% commission. Alternatively, Gunnar Co has offered to leave the equipment for five years for a total of 449,000. Keating will incur repair insurance, and property tax expenses estimated at $8,000 over the five-year period. At lease-end, the equipment is expected to have no residual value. The net differential profit or loss from the sell alternative O. 532.860 profit Ob 510.6680 O 315.240 los Od. 18.300 profit Step by Step Solution
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