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Business, 17.04.2020 03:31 karreemgrant2

Garcia Co. owns equipment that cost $83,200, with accumulated depreciation of $44,000. Garcia sells the equipment for cash. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $51,800 cash, (2) $39,200 cash, and (3) $34,100 cash.

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