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answer fast please 12. Larkspur Ltd. traded a used welding machine (cost $9,900, accumulated depreciation $3,33 fair value $3,840 ) for equipment with an estimated
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12. Larkspur Ltd. traded a used welding machine (cost $9,900, accumulated depreciation $3,33 fair value $3,840 ) for equipment with an estimated fair value of $5,460. Larkspur also paid $2,7. cash in the transaction. The equipment results in different cash flows for Larkspur, compared wi those the welding machine produced. What should be the amount used as the cost of the ne equipment? $5,460.$6,570.8,1909,300Step by Step Solution
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