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Business, 22.10.2019 20:00 24nelsoaddh

Mercury uses units-of-production depreciation, and all depreciation has been recorded through the disposal date. required: 1. calculate the gain or loss on the sale. 2. prepare the journal entry to record the sale. 3. assuming that the equipment was instead sold for $201,900, calculate the gain or loss on the sale. 4. prepare the journal entry to record the sale in requirement 3.

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