On April 1, 2021, Part Year Co. sells equipment that originally cost $100,000 for $30,000 in cash. The asset had a useful life of 10 years and no salvage value. The equipment has $80,000 of accumulated depreciation as of Dec 31, 2020. In the journal entry to recognize the sale and receipt of cash, how much total accumulated depreciation does Part Year debit?

Zara, a global retail and apparel manufacturer based in spain that has successfully implemented this idea by having a continuous flow of new products that are typically limited in supply. zara has created a system that draws its clientèle into its stores, on average, 17 times per year as compared to 4 times per year for most stores. how is zara using it to gain competitive advantage? what specific technologies are used by zara to maintain this advantage over its competition?