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Business, 02.12.2019 23:30 dondre54

During 2019, xyz enterprises sold a piece of machinery, which originally cost $50,000, for $16,000. this sale resulted in a loss of $4,000. also during 2019, xyz’s accumulated depreciation account (for all fixed assets) increased from $145,000 to $170,000. how much did xyz report as depreciation expense for 2019 (for all fixed assets)

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During 2019, xyz enterprises sold a piece of machinery, which originally cost $50,000, for $16,000....
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