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Question 26 1 pts XYZ Company sold a business asset with a cost of 20,000 and accumulated depreciation of 12,000 for 25,000. The result is:
Question 26 1 pts XYZ Company sold a business asset with a cost of 20,000 and accumulated depreciation of 12,000 for 25,000. The result is: 25,000 as capital gain 17,000 as capital gain O 17,000 recaptured as ordinary income 12,000 recaptured as ordinary income and 5,000 as capital gain
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