Leesburg sold a machine for 2200 on november 10th of the

Reference no: EM13594250

Leesburg sold a machine for $2,200 on November 10th of the current year. The machine was purchased for $2,600. Leesburg had taken $1,200 of depreciation deductions. What is Leesburg's gain or loss realized on the machine?

Reference no: EM13594250

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