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Business, 26.06.2020 22:01 tristanlindor5329

Alpha sold machinery that it used in its business to Beta, a related entity, for $39,900. Beta used the machinery in its business. Alpha bought the machinery a few years ago for $50,100 and has claimed $29,900 of depreciation expense. What is the amount and character of Alpha's

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Alpha sold machinery that it used in its business to Beta, a related entity, for $39,900. Beta used...
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