What is the book value of the asset at the time of sale

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Reference no: EM133043442

Problem - Un Company sold office equipment with a cost of $38,550 and accumulated depreciation of $34,026 for $6,910.

Required -

a. What is the book value of the asset at the time of sale?

b. What is the amount of gain or loss on the disposal?

Reference no: EM133043442

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