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1 2 . 3 Liquidation of a Partnership The noncash assets for Triton Company are being sold for $ 8 2 , 5 0 0

12.3 Liquidation of a Partnership
The noncash assets for Triton Company are being sold for $82,500. The book value of these assets is $74,600. What is the gain that will be realized for Triton Company as a result of this sale?
$77,800
$3,200
$7,900
$71,400
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