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Alamos Co. exchanged equipment and $18,100 cash for similar equipment. The book value and the fair value of the old equipment were $80,500 and

Alamos Co. exchanged equipment and $18,100 cash for similar equipment. The book value and the fair value of the old equipment were $80,500 and $91,800, respectively. Assuming that the exchange has commercial substance, Alamos would record a gain/(loss) of:?

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