Bearty LLC has equipment with a historical cost of $24,000 and accumulated depreciation of $10,000....
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Bearty LLC has equipment with a historical cost of $24,000 and accumulated depreciation of $10,000. If Beatty selis the equipment and receives $11,200 cash for the sale, what will be the effect of the sale on Bearty's net income (ignoring taxos)? If this transaction will add to the company's net income, enter your answer as a positive number. If this transaction will reduce the company/s net income, enter your answer as a negative number. Effect on Net income $
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