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Asset Replacement An uninsured boat costing $108,000 was wrecked the first day it was used. It can be either sold as-is for $10,800 cash and

Asset Replacement An uninsured boat costing $108,000 was wrecked the first day it was used. It can be either sold as-is for $10,800 cash and replaced with a similar boat costing $110,000 or rebuilt fo...

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