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Save Answer QUESTION 45 3 points Andrea sold a piece of machinery she used in her business for 9 months. The amount realized was $50,000

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Save Answer QUESTION 45 3 points Andrea sold a piece of machinery she used in her business for 9 months. The amount realized was $50,000 and the adjusted basis was $55,000 What is Andrea's gain or loss realized and what is the character of the gain or loss? For the toolbar.press ALT4F10(PO) or ALT+FN+E10 (Mac). BIU & Paragraph 14px 2 I. Q SEX X, & T Te 199 E38 E3 (1) Arial !!! *** PR O WORDS WERED IN TIN Save Answer QUESTION 12 3 points Frederique sold furniture that she uses in her business for $15,000 Frederique bought the furniture a few years ago for $40,000 and has claimed $20,000 of depreciation expense. What is the amount and character of Frederique's gain or loss? For the toolbar, press ALT+F10 (PC) or ALTFN+F10(Mac). BI VS Paragraph Arial 14px 21 QE 3 X X ini in [+ 90 BE O WORDS POWER FONT

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