Barry Company sells a patent for $25,000. The patent had an acquisition cost of $120,000 and accumulated amortization of $100,000 at the time of the sale. What was the amount of gain or loss recognized on the disposal of the patent

Barry Company must recognize a $5,000 gain resulting fro the disposal of the patent.

Explanation:

the patent's book value = acquisition cost - accumulated amortization = $120,000 - $100,000 = $20,000

gain from disposal of patent = selling price - book value = $25,000 - $20,000 = $5,000

Since patents are intangible assets, they are amortized, not depreciated. But accumulated amortization works in the same way as accumulated depreciation, they both reduce the asset's carrying value.

4+  2 and 2+  2

Step-by-step explanation:

A rational number is a number that can be written as a ratio. That means it can be written as a fraction, in which both the numerator and the denominator are whole numbers.  

On the other hand, all numbers that are not rational are considered irrational. An irrational number can be written as a decimal, but not as a fraction.

So, let us take two irrational numbers a=4+  2  and b=2+ 2  and we now calculate a−b as follows:  a−b=(4+  2  )−(2+  2)=4+  2 −2−  2 =2=  1 2

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Therefore, the difference of two irrational numbers a and b is 2 and from the above defination of rational numbers, we get that 2 is a rational number.

Hence, the difference of two irrational numbers 4+  2 and 2+  2  is a rational number.