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BE18-15 Schuss Corporation sold equipment to Potsdam Company for $20,000. The equipment is on Schuss’s books at

a net amount of $13,000. Schuss collected $10,000 in 2012, $5,000 in 2013, and $5,000 in 2014. If Schuss uses the cost-recovery method, what amount of gross profit will be recognized in each year?

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Accounting- 8205260.xls

If you want the formulas and any calculations, select the corresponding cell and press F2(Function Key on key board),
It will show all calculations and formulas Automatically
Please Give Me the...

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