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Help Alamos Co. exchanged equipment and $18,300 cash for similar equipment. The book value and the fair value of the old equipment were $80,100 and

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Alamos Co. exchanged equipment and $18,300 cash for similar equipment. The book value and the fair value of the old equipment were $80,100 and $90,500, respectively. Assuming that the exchange has commercial substance, Alamos would record a gain/loss) of: Multiple Choice O $28,700 O $(10,400). O O $10,400. $0. O

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