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How much is the gain or loss on disposal

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Question - On January 1, 2018 you purchased a truck for $44,000. At the purchase date you planned to use the truck for 0 years and expected to be able to sell it for $8,000 after that time. You depreciate the asset using straight-line depreciation. On December 31, 2021 you sold the truck for $18,000. How much is the gain or loss on disposal?

Reference no: EM133163725

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