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Fill in the Blank Question Grand Co . trades in an old machine for a new machine. The new machine has a list price of

Fill in the Blank Question

Grand Co

.

trades in an old machine for a new machine. The new machine has a list price of $

10, 000 .

The old machine has a cost of $

12, 000,

and accumulated exchange has commercial substance. The trade will include a

(

gain

/

loss

)

of $

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