Business, 25.12.2020 20:20 Apple557

g Item5 5 points Time Remaining 1 hour 25 minutes 16 seconds01:25:16 Item 5 Time Remaining 1 hour 25 minutes 16 seconds01:25:16 A piece of equipment is purchased by Great Notch Corporation on January 1 for $46,200. It is expected to have a useful life of four years after which it will have an expected residual value of $6,300. The company uses the straight-line method of depreciation for their equipment. If it is sold for $32,600 exactly two years after it is purchased, the company will record a:

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