explain please! 4. Campos sold equipment for $200,000. The equipment was purchased for $160,000 and had...

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explain please!
4. Campos sold equipment for $200,000. The equipment was purchased for $160,000 and had accumulated depreciation of $60,000.

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Answer is highlighted in yellow: Solution: b. $40,000 Answer:4) Explanation: Realized gain (200000)-(160000-60000) Less: Reca

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explain please! 4. Campos sold equipment for $200,000. The equipment was purchased for $160,000 and had...

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