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Hortez co. owns equipment that cost

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Hortez Co. owns equipment that cost $ 76,800, with accumulated depreciation of $ 40,800. Hortez sells the equipment for cash. Record the sale of the equipment assuming Hortez sells the equipment for 

(1) $ 47,000 cash, 

(2) $ 36,000 cash, 

(3) $ 31,000 cash.

Reference no: EM13902680

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