Answer:
sale for 346,000
Explanation:
1,725,000 - 1,600,000 = 125,000
if we acquire 500,000
and the different is 125,000 this means we sale for :
purchase - sales = net change
500,000 - sales = 125,000
sales = 500,000 - 125,000 = 375,000
now we solve for the depreciation during the year applied to these assets
520,000 - 465,000 = 55,000
depreciation expense for the year 90,000
there is 35,000 depreciation write off therefore, associate with the traded PPE
net book value of the traded PPE:
375,000 - 35,000 = 340,000
we have a gain for 6,00 thus we sale for 346,000
We had a gain for 6,000
