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Required information Problem 11-32 (LO 11-1) The following information applies to the questions displayed below Rafael sold an asset to Jamal. What is Rafael's amount

Required information Problem 11-32 (LO 11-1) The following information applies to the questions displayed below Rafael sold an asset to Jamal. What is Rafael's amount realized on the sale in each of the following alternative scenarios? Problem 11-32 Part-a a. Rafael received $86,500 of cash and a vehicle worth $11,000. Rafael also pays $7,650 in selling expenses. mount realized

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