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How much will be recorded as the expense

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Question - On 31 December 2014 an aeroplane with a cost of $200 000 has accumulated depreciation written off of $90 000. If it was sold for $130 000 on 1 January 2015, how much will be recorded as the expense carrying-value on the disposal of the plane?

a. $200,000

b. $130,000

c. $110,000

d. $90,000

Reference no: EM132925597

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