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was sold for a $6,800 gain in Year 2. The following selected information is available for Green Company from its comparative balance sheet. Compute the

was sold for a $6,800 gain in Year 2. The following selected information is available for Green Company from its comparative balance sheet. Compute the cash received from the sale of the equipment. At December 31 Equipment Accumulated Depreciation-Equipment Multiple Choice $58,000. $39,200. $46,000. $104,0 $52,800. Year 2 $ 700,000 500,000 Year 1 $ 894,000 590,000

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