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The Eternals spacecraft was sold for $25,000 after 3 years of use. They originally paid $100,000 for it and expected to use it for 5
The Eternals spacecraft was sold for $25,000 after 3 years of use.
They originally paid $100,000 for it and expected to use it for 5 years. They did not expect it to have any residual value. What is the gain or loss on the sale of the spacecraft.
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