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The formula determining the value of the new asset in a nonmonetary exchange with commercial substance is pr Fair Value of the Old Asset +

The formula determining the value of the new asset in a nonmonetary exchange with commercial substance is pr Fair Value of the Old Asset + Cash Paid - Cash Received Fair Value of the Old Asset - Cash Paid + Cash Received Book Value of the Old Asset - Cash Paid + Cash Received Book Value of the Old Asset + Cash Paid - Cash Received

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