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1 points Save Answer In an exchange with commercial substance, Alpha Co. traded equipment with a cost of $7,700,000 and book value of $2,500,000 and

1 points Save Answer In an exchange with commercial substance, Alpha Co. traded equipment with a cost of $7,700,000 and book value of $2,500,000 and gave $4,420,000 cash. The old machine had a fur value of $2,170,000. Which of the following journal entries would Alpha Co make so record the exchange? OA Equip 6,590,000 Accumulated Depreciation 5,530,000 Equipment 12,120,000 Os Equipment 6,590,000 Accumulated Depreciation 5.530,000 Equipment 7,700,000 Cash 4,420,000 OC Equipm 6,590,000 Loss on Disposal 330,000 Accumulated Depreciation 5,200,000 Equipment 7,700,000 Cab 4,420,000 0.0 Equipment 6,920,000 Equipment 2,500,000 Windows 4,420,000

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