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6-2 . For each of the cases below, calculate the amount of the gain or loss, A. A truck with a cost of$32,000 and accumulated
6-2 . For each of the cases below, calculate the amount of the gain or loss, A. A truck with a cost of$32,000 and accumulated depreciation of$15,000 is sold for$15,000, B. A truck with a cost of$32,000 and accumulated depreciation of$15,000 is sold for$18,000 C. A truck with a cost of $32,000 and accumulated depreciation of $15,000 is traded for a new truck. The dealer is giving a trade-in allowance of $15,000 on the old truck and the farmer has to pay $18,000 to buy the new truck. The dealer is giving a trade-in allowance of $15,000 on the old truck and the farmer has to pay $18,000 to buy the new truck D. A truck with a cost of $32,000 and accumulated depreciation of $15,000 is traded for a new truck. The dealer is giving a trade-in allowance of $18,000 on the old truck and the farmer has to pay $15,000 to buy the new truck. The dealer is giving a trade-in allowance of $18,000 on the old truck and the farmer has to pay $15,000 to buy the new truck E. Cows with base values of $3,000 were sold for $3,500 F. Cows with base values of $3,000 were sold for $2,700
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