Question 3 On March 10 2014 No Doubt Company sells equipmentthat it purchased fo

Question 3 On March 10 2014 No Doubt Company sells equipmentthat it purchased for $266400 on August 20 2007. It wasoriginally estimated that the equipment would have a life of 12years and a salvage value of $23310 at the end of that time anddepreciation has been computed on that basis. The company uses thestraight-line method of depreciation.