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How much gain before income taxes would williams record

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Question - Williams company purchases a machine at a cost $100,00 on January 1, 2015. The machine has a useful life of 5 years and a salvage value $25,000 at the end of the fifth year Williams using the double declining balance method to depreciate these types of machine. How much gain or loss before income taxes would Williams record on this Machine if it was sold at the end of 2016 for $50.00?

Reference no: EM132101334

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