Multiple Choice
Assume BizChair.com sold a used conveyor belt for $172,000 cash.If accumulated depreciation on the sale date was $58,311 and a gain of $6,721 was recognized on the sale,what was the original cost of the asset?
A) $223,590
B) $216,869
C) $165,279
D) $65,032
E) $113,689
Correct Answer:
Verified
Correct Answer:
Verified
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