Butte sold a machine to a machine dealer for $51,800. Butte bought the machine for $53,200 several years ago and has claimed $11,600 of depreciation expense on the machine. What is the amount and character of Butte's gain or loss?

3. describe the purpose of the sec. (1-4 sentences. 2.0 points)

What are two benefits of consumer programs

Suppose a holiday inn hotel has annual fixed costs applicable to its rooms of $1.2 million for its 300-room hotel, average daily room rents of $50, and average variable costs of $10 for each room rented. it operates 365 days per year. the amount of operating income on rooms, assuming an occupancy* rate of 80% for the year, that will be generated for the entire year is *occupancy = % of rooms rented