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Rory City traded in a used pickup for a new pickup truck with a sticker price of $44,000. The old pickup had a fair value
Rory City traded in a used pickup for a new pickup truck with a sticker price of $44,000. The old pickup had a fair value of $26,000, historical cost of $47,000, and accumulated depreciation of $18,000. The dealer took the old truck and 516,000 for the new truck. The new truck should be reported on the government-wide financial statements at $15,000 542,000 544,000 541,000 QUESTION 32 Rory City traded in a used pickup for a new pickup truck with a sticker price of 544,000. The old pickup had a fair value of $26,000, historical cost of $47.000, and accumulated depreciation of $18.000. The dealer took the old truck and 516,000 for the new truck. The amount of gain or loss that should be recognized on this transaction in the government wide financial statements is $1.000 gain $3.000 loss. 51.000 loss. QUESTION 33 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Aromers esc 80 3 FS A * @ 2 # 3 $ 4 % 5 & 7 6 8 9 0 Q 3 E R . Y U o A S D F G H K L lock > Z C V B N. M 98 control option command command
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