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Old Equipment Cash Book Value Fair Value Received Case A $75,000 $80,000 $12,000 Case B $60,000 $56,000 $10,000 In Case B, Pensacola would record a
| Old Equipment | Cash | ||
| Book Value | Fair Value | Received | |
| Case A | $75,000 | $80,000 | $12,000 |
| Case B | $60,000 | $56,000 | $10,000 |
In Case B, Pensacola would record a gain/(loss) of:
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Cost Management
Authors: Don R Hansen, Maryanne M Mowen, Dan L Heitger
5th Edition
357141091, 978-0357141090
