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Equipment with a book value of $82,000 and an original cost of $167,000 was sold at a loss of $35,000. Paid $112,000 cash for a

Equipment with a book value of $82,000 and an original cost of $167,000 was sold at a loss of $35,000. Paid $112,000 cash for a new truck. Sold land costing $315,000 for $420,000 cash, yielding a gain...

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