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Business, 07.04.2020 22:00 mrstaker1518

Wildhorse Co. sold office furniture for $44000. The furniture had an original cost of $145000 and accumulated depreciation of $72500. Ignoring the tax effect, as a result of the sale:
A. net income will increase $57000.
B. net income will increase $28500.
C. net income will decrease $28500.
D. net income will decrease $57000.

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