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Retired a piece of equipment that was purchased on January 1, 2005, for $45,000. The equip ment had an expected useful life of 10 years

Retired a piece of equipment that was purchased on January 1, 2005, for $45,000. The equip ment had an expected useful life of 10 years with no residual value. *why is 01-04-2014 acc dep 41625 and loss on disposal 3375?

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