Hawthorne company sold an old computer for 3000 cash the, Financial Management

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Hawthorne company sold an old computer for 3000 cash the

Hawthorne Company sold an old computer for $3,000 cash. The computer cost $45,000 and had accumulated depreciation through the date of sale totaling $42,000. The company will recognize:

A. a gain of $3,000. B. a loss of $3,000. C. neither a gain nor a loss. D. a loss of $37,500.

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Financial Management: Hawthorne company sold an old computer for 3000 cash the

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Financial Management: Hawthorne company sold an old computer for 3000 cash the

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