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BaLLatris [955]

3 years ago

7

Joan bought a business machine for $15,000. In a later year, she sold the machine for $12,800 when the total allowable depreciat

ion is $8,500. The depreciation actually taken on the tax returns totaled $8,000. Joan must recognize a gain (or loss) of ______.

1 answer:

Lady_Fox [76]3 years ago

3 0

Answer:

2,200

Explanation:

15,000 - 12,800 = 2,200

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For Machining department,

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