Score: 0 of 1 pt 5 of 11 (5 complete > HW So 89-9 (similar to) Apex Communication purchased equipment on January 1, 2018, for $38,507. Suppose Apex Communication sold the equipment for $29,000 on December 31, 2020. Accumulated Depreciation as of December 31, 20 the sale of the equipment, assuming straight-line depreciation was used First, calculate any gain or loss on the disposal of the equipment. Market value of assets received Less:Book value of discose of Cost Les Accumulated Depreciation Gain of Score: 0 of 1 pt 5 of 11 (5 complete > HW So 89-9 (similar to) Apex Communication purchased equipment on January 1, 2018, for $38,507. Suppose Apex Communication sold the equipment for $29,000 on December 31, 2020. Accumulated Depreciation as of December 31, 20 the sale of the equipment, assuming straight-line depreciation was used First, calculate any gain or loss on the disposal of the equipment. Market value of assets received Less:Book value of discose of Cost Les Accumulated Depreciation Gain of