andrea sold a piece of machinery she used in her business for 9 months. The amount realized was $50,000 and the adjusted balance was $55,000. what is andrea’s gain or loss realized and what is the cha

andrea sold a piece of machinery she used in her business for 9 months. The amount realized was $50,000 and the adjusted balance was $55,000. what is andrea’s gain or loss realized and what is the character of the gain or loss?

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