Business, 05.08.2019 19:10 kharmaculpepper

On april 1 of the current year, la presa company sells some equipment for $18,000. the original cost was $50,000, the estimated salvage value was $8,000, and the expected useful life was 6 years. straight-line depreciation is used. on january 1 of the current year, the accumulated depreciation account had a balance of $28,000. how much is the gain or loss on the sale?
(a) $2,600 loss
(b) $300 gain
(c) $850 loss
(d) $5,400 gain

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On april 1 of the current year, la presa company sells some equipment for $18,000. the original cost...

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