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Shimmer Incorporated is a calendar - year - end, accrual - method corporation. This year, it sells the following long - term assets: table

Shimmer Incorporated is a calendar-year-end, accrual-method corporation. This year, it sells the following long-term assets:
\table[[Asset,Sales Price,Cost,\table[[Accumulated],[Depreciation]]],[Building,$697,000,$675,000,$49,500
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