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Question : - Garcia Co . owns equipment that cost $ 7 6 , 8 0 0 , with accumulated depreciation of $ 4 0

Question :- Garcia Co. owns equipment that cost $76,800, with accumulated depreciation of $40,800. Record the sale of the equipmentunder the following three separate cases assuming Garcia sells the equipment for (1) $47,000 cash, (2) $36,000 cash, and(3) $31,000 cash.?

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