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please show steps to get correct answer On October 1.2017. Southerm Paper Company sold one of its trucks for $20,000. The foowing information about the
please show steps to get correct answer On October 1.2017. Southerm Paper Company sold one of its trucks for $20,000. The foowing information about the truck is provided Purchased on 1/1/2010 for $148,000 Estimated residual value at acquisition, $4,000 Estimated useful life, 9 years Depreciated using the straight-line method Southern should record a (a] of $ [b] on the sale of the truck Use the following abbreviations for the first blank G for gain L for loss Indicate the dollar amount for the second blank Do not use the $ sign or a decimal in your answer. Commas are ok. Specified Answer for a I specified Answer for D 18666 Correct Answers for: a Case Sensitivity Correct Answer Evaluation Method O Exact Match Exact Match Correct Answers for: tb Evaluation Method Exact Match O Exact Match Loss Case Sensitivity Correct Answer ,000 4000
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