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lukranit [14]
3 years ago
11

Hollyfield Corporation sold a piece of equipment on September 30, 2018 for $201,000 cash. The equipment had been purchased on Ja

nuary 1, 2012 for $450,000. It had an estimated useful life of 10 years and a $50,000 residual value. Hollyfield Corp. has been using the straight-line method of depreciation and has a year-end of December 31st. Compute the gain or loss on disposal.
Business
1 answer:
PilotLPTM [1.2K]3 years ago
6 0

Answer:

$2,000

Explanation:

the gain or loss on disposal is

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Answer:

Della's Pennsylvania state tax liability is $12,679.73

Explanation:

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7 0
3 years ago
A company regularly purchases cleaning supplies from a vendor and orders relatively consistent amounts of the same products on e
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Identify the four major requirements necessary for a free-market system to operate.
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An investor contributes $10,000 to a limited partnership and signs a $40,000 recourse note. In the first year, the investor's di
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3 years ago
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