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Question 43 (8 points) Nunasi Corporation sold a piece of equipment August 1, 2024 for proceeds of $22,000. The equipment had an original value

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Question 43 (8 points) Nunasi Corporation sold a piece of equipment August 1, 2024 for proceeds of $22,000. The equipment had an original value of $60,000 and was purchased on January 1, 2021. It was estimated to have a residual value of $3,000 and 5-year useful life. Nunasi uses the straight-line method. Nunasi has a December 31 year end. Instructions Journalize all entries required to update depreciation and record the sale of the asset in 2024.

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