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Alamos Coexchanged equipment and $17.400 cash for similar equipment. The book value and the fair value of the old equipment were $81,300 and $91,500, respectively

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Alamos Coexchanged equipment and $17.400 cash for similar equipment. The book value and the fair value of the old equipment were $81,300 and $91,500, respectively Assuming that the exchange lacks commercial substance, Alamos would record a gainoss) on exchange of assets in the amount of Multiple Choice $10,200 $27.600. o $(10,200) SO

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