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A company that traded in an old machine for a new one provided the following amounts: Gain on disposal, $2,000 Fair value of the old

A company that traded in an old machine for a new one provided the following amounts: Gain on disposal, $2,000 Fair value of the old machine, $10,000 Cash paid for the new machine, $32,000 Accumulated depreciation, old machine, $22,000 What should be the original cost of the old machine?

A) $32,00

B) $42,000

C) $30,000

D) $34,000

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