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Question 13 1 points Save an Equipment that cost $40,500 and has accumulated depreciation of $15,000 is exchanged for equipment with a fair value of

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Question 13 1 points Save an "Equipment that cost $40,500 and has accumulated depreciation of $15,000 is exchanged for equipment with a fair value of $24,000 and $6,000 cash is received The exchange has commercial substance. The new equipment should be recorded at "599,800." "571.000. "$20,000 "524,000

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