Assume That a Machine with a Cost of $9000 Has

question 5

Multiple Choice

Assume that a machine with a cost of $9000 has accumulated depreciation of $4800 on the date of its disposal. If it was traded-in for $4000 on a new machine and the balance of $2000 was paid in cash what is the profit or loss on disposal of the old machine? (Ignore GST.)

• A) $2000 loss
• B) $200 loss
• C) $800 gain
• D) $3800 loss

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Definitions:

Testosterone

A steroid hormone primarily found in males but also present in females, responsible for developing male physical characteristics and influencing libido.

Personality

The unique set of emotional, thought, and behavioral patterns that define an individual's personal style of interacting with the world.

Ejaculatory Inevitability

The point during sexual arousal in males at which ejaculation becomes certain and unstoppable.

Ejaculation

The process of releasing semen from the penis during sexual climax.