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Question 4 6 pts Several years ago, Tampa Bay Buccaneers Inc. purchased a football inflator for $11,889. To date the company has taken $4,249 in

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Question 4 6 pts Several years ago, Tampa Bay Buccaneers Inc. purchased a football inflator for $11,889. To date the company has taken $4,249 in depreciation on the equipment. Tampa Bay has recently decided the inflator is no longer necessary and does not expect to use the equipment in the foreseeable future so it has been classified as held for sale. At the end of the year, efforts are continuing to be made to sell the equipment and a realistic selling price is expected to be about $2,608. Enter dollar amounts in the following form: $xx.xxx What is the amount of loss Tampa Bay should record on the equipment at year- end? If none, enter $0. Question 5 6 pts Continue to use the Tampa Bay Buccaneers Inc. data in Question 4. The following year, Tampa Bay finds a company that needs an inflator and is willing to buy the equipment for $8,200. What is the amount of gain or (loss) that Tampa Bay should record on the equipment it continues to hold in this year? If none, enter $0

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