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Business, 05.07.2020 14:01 ItzAquaZ1449

Tulip Corporation purchased equipment for $ 54 comma 000on January 1, 2017. On December 31, 2019, the equipment was sold for $ 25 comma 000.Accumulated Depreciation as of December 31, 2019 was $ 28 comma 000.Calculate gain or loss on the sale.

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