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A machine cost $250,200, has annual depreciation expense of $50,040, and has accumulated depr machine has a fair value of $102,370, it is exchanged for a similar machine with a fair value of $289 substance Prepare all entries that are necessary at April 1, 2018. (Credit account titles are automatically in Date Account Titles and Explanation April 1, 2018 Debit Credit (To record depreciation) April 1, 2018 (To record exchange of machineres) Click if you would like to Show Work for this question: Geen Show Work