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unazon, inc. purchased equipment on January 1, Year 1 for $48,000. It predicted that the equipment would last for 6 vears and would have a
unazon, inc. purchased equipment on January 1, Year 1 for $48,000. It predicted that the equipment would last for 6 vears and would have a salvage vatue of $6,000 At the end of Year 3, Amazon sold the equipment for $30,000. Assuming the depreciation expense for Year 3 has already been recordod, prepare the journal entry lor Amaxon's sale of the equipment. Do show dollar stges or decimals. DR DR
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