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TRANSCEND EXCEED Ce. traded in an old machine for a new model Pertinent data are as follows: Old equipment: Cost. 200,000 Accumulated depreciation 30,000 Average

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TRANSCEND EXCEED Ce. traded in an old machine for a new model Pertinent data are as follows: Old equipment: Cost. 200,000 Accumulated depreciation 30,000 Average published retail value 24,000 New equipment: List price 380,000 Cash price without trade in 280,000 Cash price with trade in 220,000

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