Your company just purchased a bar-code system for 70000 it


Your company just purchased a bar-code system for $70,000. It has a five-year MACRS class life. The expected market value of the bar-code system in 3 years is $32,000. What is the gain (or loss) when this asset is sold at end year 3?

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Financial Management: Your company just purchased a bar-code system for 70000 it
Reference No:- TGS01412895

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