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Star Wars, Inc. sold a used Star Destroyer to Chewbacca and Sons Co. for $30, 100 cash. The original cost of the Star Destroyer was

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Star Wars, Inc. sold a used Star Destroyer to Chewbacca and Sons Co. for $30, 100 cash. The original cost of the Star Destroyer was $200,000 with a salvage value of $25,000, a useful life of 10 years, and accumulated depreciation of $100,000 through the end of last fiscal year

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