Calculate the weighted-average accumulated expenditures

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Question: Calculate the weighted-average accumulated expenditures. (b) Calculate avoidable interest. The Brayden Corporation is disposing of a piece of equipment on May 1, 2025. The equipment had an original cost of $400,000 when purchased on January 1, 2021. Accumulated depreciation as of 12/31/2026 was $160,000 assuming straight-line depreciation over a useful life of 10 years with no salvage value. Brayden received $250,000 on the sale of the equipment. What is the journal entry to record the sale?

Reference no: EM133379753

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