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Q7. (5 points) Halbur Company reported the following for its recent year of operation: From the income statement: Depreciation expense Loss on sale of PPE
Q7. (5 points) Halbur Company reported the following for its recent year of operation: From the income statement: Depreciation expense Loss on sale of PPE Impairment charges on PPE From the balance sheet: Beginning balance, PPE net Ending balance, PPE net $1,000 $2,000 $1,900 $10,500 $4,600 No new equipment was purchased during the year. What was the selling price of the equipment
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