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Required information Problem 7 - 8 B ( Algo ) Record the disposal of equipment ( LO 7 - 6 ) [ The following information
Required information Problem B Algo Record the disposal of equipment LO The following information applies to the questions displayed below. New Deli is in the process of closing its operations. It sold its threeyearold ovens to Sicily Pizza for $ The ovens originally cost $ had an estimated service life of years, had an estimated residual value of $ and were depreciated using straightline depreciation. Complete the requirements below for New Deli. Problem B Algo Part What is the gain or loss on the sale of the ovens at the end of the third year?
Required information
Problem B Algo Record the disposal of equipment LO
The following information applies to the questions displayed below.
New Deli is in the process of closing its operations. It sold its threeyearold ovens to Sicily Pizza for $ The ovens
originally cost $ had an estimated service life of years, had an estimated residual value of $ and were
depreciated using straightline depreciation. Complete the requirements below for New Deli.
Problem B Algo Part
What is the gain or loss on the sale of the ovens at the end of the third year?
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