Several outdated computers


Hi-Tech Inc. has several outdated computers that cost a total of $8,900 and could be sold as scrap for $2,300. They could be updated for an additional $1,200 and sold. If Hi-Tech updates the computers and sells them, net income will increase by $4,500. At what price were the updated versions sold?

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Accounting Basics: Several outdated computers
Reference No:- TGS0713234

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