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What was the amount of the gain or loss recorded at the time

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Question 1: A company has decided to sell one of its machines on June 30, 2020. The machine was purchased for 80,000 TL on January 1, 2017, and was planned to be depreciated on an accelerated basis for 10 years. If the machine was sold for 26,000 TL, what was the amount of the gain or loss recorded at the time of the sale? (Assume that there is no salvage value)

a) 18.000 TL

b) 10.864 TL

c) 6.768 TL

d) 29.404 TL

e) Other:

Reference no: EM132861359

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