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The company purchased equipment at July, 1, 2018. Costing $ 400,000, using SLM in depreciation and sold it at June, 30, 2019 and realized loss

The company purchased equipment at July, 1, 2018. Costing $ 400,000, using SLM in depreciation and sold it at June, 30, 2019 and realized loss $ 35,000. its useful life 4 years

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