On January 2, 2016, Hannah Company sold a machine for $1,000 that it had used for several years. The machine cost $12,000, and had accumulated depreciation of $9,000 at the time of sale. What gain or loss will be reported on the income statement for the sale of the machine?
a. Gain of $2,000
b. Loss of $11,000
c. Loss of $2,000
d. Gain of $3,000
c
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Indicate whether the statement is true or false
Mohammad was an employee in the new product development department of Estay Inc Mohammad was directly involved in the development of a new product that Estay intended to launch in 6 months. Estay took great care to keep information concerning the new product a secret. Ceries, Inc, a competitor of Estay, persuaded Mohammad to leave Estay to direct Ceries' marketing department. Which statement is
correct? a. Mohammad can share with Ceries the confidential information he knows about Estay's new product because he was directly involved in its development. b. Mohammad can share with Ceries the confidential information he knows about Estay's new product because his agency relationship with Estay is terminated. c. Mohammad cannot share with Ceries the confidential information he knows about Estay's new product because of the equal dignities rule. d. Mohammad cannot share with Ceries the confidential information he knows about Estay's new product because he has a duty not to disclose confidential information he acquired during the agency.
A lien release can be used by the property owner to defeat a statutory lienholder's attempt to obtain payment.
Answer the following statement true (T) or false (F)
The end result for 802.11 is a MAC algorithm called __________ that provides a
distributed access control mechanismwith an optional centralized control built on top of that. Fill in the blanks with correct word