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Your company sold equipment for $50,207. There were no others sales of assets during the period. You have a partial copy of the Income Statement

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Your company sold equipment for $50,207. There were no others sales of assets during the period. You have a partial copy of the Income Statement for the period in which the equipment was sold. You know the equipment was sold for cash. Calculate the NBV of the equipment at the time of sale. INCOME STATEMENT Net Book Value (NBV) of equipment at time of sale

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