Determine the selling price of the equipment sold

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Reference no: EM13866790

New equipment purchased during 20x4 totaled $280,000. The 20x4 income statement disclosed equipment depreciation expense of $41,000 and a $9,000 loss on the sale of equipment.

Determine the selling price of the equipment sold.

Reference no: EM13866790

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Determine the selling price of the equipment sold : New equipment purchased during 20x4 totaled $280,000. The 20x4 income statement disclosed equipment depreciation expense of $41,000 and a $9,000 loss on the sale of equipment. Determine the selling price of the equipment sold.

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