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Equipment with an estimated market value of $27,461 is offered for sale at $45,598. The equipment is acquired for $14,249 in cash and a note

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Equipment with an estimated market value of $27,461 is offered for sale at $45,598. The equipment is acquired for $14,249 in cash and a note payable of $20,688 due in 30 days. The amount used in the buyer's accounting records to record this acquisition is Ca. 541.710 b. $27.461 Ce $34,937 d. $14,249

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