In Case B, Pensacola would record a gain/(loss) of:
A. $ 4,000.
B. $ (4,000).
C. $ (10,000).
D. None of the above is correct.
Answer:B
In Case B, Pensacola would record a gain/(loss) of:
A. $ 4,000. B. $ (4,000). C. $ (10,000). D. None of the above is correct.