A Company Discarded a Computer System Originally Purchased for $18,000

question 127

Multiple Choice

A company discarded a computer system originally purchased for $18,000.The accumulated depreciation was $17,200.The company should recognize a(an) :

• A)$0 gain or loss.
• B)$800 loss.
• C)$800 gain.
• D)$8,000 loss.
• E)$7,200 loss.

---

Definitions:

Disinhibition

Extreme low conscientiousness.

Neuroticism

A personality trait that signifies a higher inclination towards emotions such as anxiety, depression, and mood swings.

Negative Affectivity

Extreme neuroticism.

Detachment

Extreme introversion.