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The following information is relative to an exchange of similar assets by Wind River Corp. Assume the exchange has commercial substance. Old Equipment Cash Book

The following information is relative to an exchange of similar assets by Wind River Corp. Assume the exchange has commercial substance. Old Equipment Cash Book Value Fair Value Paid Case A $50,000 $60,000 $15,000 Case B $40,000 $35,000 $8,000 In Case A, Wind River would record the new equipment at

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