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Bricker Enterprises purchased a machine for $210,000 on October 1, 2012. The estimated service life is ten years with a $20,800 residual value. Bricker records partial-year depreciation based on the number of months in service. Depreciation expense for 2012, using straight-line?
Determine the amount and the character of the gain to be reported by Barbara
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Under the installment sales method, what would be Rosson's deferred gross profit at December 31, 2008?
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