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A company decides to exchange its old machine and $ 2 3 1 3 0 0 cash for a new machine. The old machine has

A company decides to exchange its old machine and $231300 cash for a new machine. The old machine has a book value of $188500
and a fair value of $210400 on the date of the exchange. The cost of the new machine would be recorded at
$419800.
$441700.
$398900.
cannot be determined.
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