Accumulated depreciation upto the end of 4th year ($163,700-$9,300)/16*4) | $ 38,600 |
Depreciation for 3 months | $ 2,413 |
Accumulated depreciation on sale date | $ 41,013 |
Cash | $ 117,352 | |
Accumulated depreciation - Equipment | $ 41,013 | |
Loss on sale of equipment | $ 5,335 | |
Equipment | $ 163,700 |
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