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The Juanita Company bought a truck costing $25,000 two and a half years ago. The truck's estimated life was four years at the time of

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The Juanita Company bought a truck costing $25,000 two and a half years ago. The truck's estimated life was four years at the time of purchase. It was accounted for using straight-line depreciation with zero salvage value. The truck was sold yesterday for $14,000. What taxable gain must be reported on the sale of the truck

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