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Alamos Co. exchanged equipment and $18,600 cash for similar equipment. The book value and the fair value of the old equipment were $81,500 and $91,200,

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Alamos Co. exchanged equipment and $18,600 cash for similar equipment. The book value and the fair value of the old equipment were $81,500 and $91,200, respectively. Assuming that the exchange lacks commercial substance, Alamos would record a gain/loss) of

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