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On December 1, 2020. Saria Company acquired a new delivery truck in exchange for an old delivery truck. On the date of exchange, the old
On December 1, 2020. Saria Company acquired a new delivery truck in exchange for an old delivery truck. On the date of exchange, the old truck had a fair value of $14.000. In addition. Saria paid $45.500 cash for the new truck. The cost of new truck is: O $45,500. O $58,800 O $59,500 O $63.000 O None of the above A machine that costs $120,000 was exchanged with a new one. On the date of exchange, the old machine fair value is $27.500 and an amount of $5.000 was paid. As a result, the company recognized a loss of $2.500. The accumulated depreciation of the old machine on the date of exchange is: O $147,500 0 $90,000 O $29,500 Missing amount D is: O $ $9,222 O $9.000 O $2,296 $0 O None of the above On December 1, 2020. Saria Company acquired a new delivery truck in exchange for an old delivery truck. On the date of exchange, the old truck had a fair value of $14.000. In addition. Saria paid $45.500 cash for the new truck. The cost of new truck is: O $45,500. O $58,800 O $59,500 O $63.000 O None of the above A machine that costs $120,000 was exchanged with a new one. On the date of exchange, the old machine fair value is $27.500 and an amount of $5.000 was paid. As a result, the company recognized a loss of $2.500. The accumulated depreciation of the old machine on the date of exchange is: O $147,500 0 $90,000 O $29,500 Missing amount D is: O $ $9,222 O $9.000 O $2,296 $0 O None of the above
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