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Moab Incorporated disposed of an office building with a fair market value of $75,000 for another office building with a fair market value of $55,000

Moab Incorporated disposed of an office building with a fair market value of $75,000 for another office building with a fair market value of $55,000 and $20,000 in cash. It originally bought the office building seven years ago for $62,000 and has taken $15,000 in depreciation

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