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Yoshi sold some equipment for $72,510 on June 13, 2021. The equipment was originally purchased for $86,750 on November 21, 2020. The equipment was subject
Yoshi sold some equipment for $72,510 on June 13, 2021. The equipment was originally purchased for $86,750 on November 21, 2020. The equipment was subject to depreciation of $17,35Yoshi recognize on the sale?
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$3,110 ordinary gain.
$8,250 ordinary loss.
$3,110 capital gain.
$8,250 capital loss.
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